Aroged, Jakarta – Parent company Facebook, Whatsapp, and Instagram Meta are reported to be laying off or laying off thousands of employees in the near future. The wave of layoffs that occurred at the technology company became the largest in the past year.
Reporting from IGN and the Wall Street Journal, the wave of layoffs that occurred in Meta companies was carried out today (9/11) local time and for employees not to carry out activities that they feel are not important.
Threat of Recession Approaching, Meta Layoff Thousands of Employees
It is undeniable that the 2023 global recession is really getting closer, it is evident that many companies have laid off their employees around the world, as well as Meta. This is the first time that Meta has laid off employees since it was founded 18 years ago.
It is reported that Meta has more than 87,000 employees worldwide. It is estimated that the number of employees who will be fired is greater than Twitter, which amounts to more than 3,700 people.
A Meta spokesperson unfortunately declined to comment, but instead said that the company would focus on investing in areas with high priority growth rates. “So some teams will grow significantly, but others will stay flat or shrink next year.” Zuckerberg said.
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“On aggregate, we expect that at the end of 2023 it will probably be the same or even less than today (2022).” Currently the Meta company has cut their employees in certain departments, which is in line with Zuckerberg’s statement that some of them will no longer be there.
Company Loses After Loss of Revenue in Virtual Reality Division
It was reported that the Virtual Reality division, Reality Labs which includes Metaverse, VR, and XR, suffered a loss of 3.7 billion dollars in operations. Or 9.4 billion dollars this year, more than last year which was only 6.9 billion dollars in 2021 ago.
And recently Meta announced the $1,499 Quest Pro VR Kit that offers members building Horizon Worlds that aren’t where the crowds are. The device is also the subject of much debate. And according to Wall Street, Horizon Worlds users currently reach 200 thousand people.
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