According to Business Insider (BI), CEO Mark Zuckerberg admitted in a meeting on Nov. 11, 2022, that while the company laid off up to 11,000 people, they weren’t at least as messy as Elon Musk did with Twitter.
It is not easy for companies to lay off employees because they show the management skills of organizations in limiting the spread of negative emotions and the level of human resource management.
While Elon Musk fired 3,700 employees via a controversial email with unclear compensation policies, Elon Musk posted a handwritten letter explaining the reasons for the decision to fire and taking responsibility for himself.
On November 11, Meta held a meeting with all employees and senior leaders, and CEO Mark Zuckerberg himself admitted that despite laying off employees, the company was thinking clearer than Twitter. According to Mark, billionaire Elon Musk just took over Twitter and doesn’t have time to carefully plan for staff cuts like Meta.
BI sources quoted CEO Mark as saying that a crisis can ensue if leaders don’t think carefully about how to fire people properly. Of course, Mark Zuckerberg also admitted that it is not easy to have to fire employees, no matter how smart.
Will there be layoffs again?
In addition to admitting that Meta handles firing people better than Elon Musk, CEO Mark Zuckerberg also answered questions about the future of this social network’s human resources. The Facebook founder can therefore not promise anything, although the company currently has no plans to stop in the coming weeks. The group has now laid off 13% of its staff, and a senior executive told BI that 54% of the people fired on 9/11 had a major impact on the company’s operations.
Currently, Meta is just one of many technology companies that have had to lay off a large number of employees in recent months. Earlier this year, Snap had to announce the layoffs of 20% of its employees, while Lyft also had to lay off 700 employees.