Meta employees told to work remotely Wednesday as company prepares to slash 10% of workforce: report

[1srelluc]

MSN

Mark Zuckerberg’s Meta has reportedly told its North American employees to work from home Wednesday – when it will lay off 10% of its global workforce as part of a major restructuring.

The companywide bloodbath will take place in three waves, with impacted workers learning their fate by email at 4 a.m. local time in their region, according to an internal document obtained by Reuters.

Meta’s human resources chief Janelle Gale said in the document that executives “will announce org changes” alongside the layoffs. About 7,000 employees are expected to shift to new roles at the Facebook and Instagram parent.

The company is slashing managerial roles as part of the reorganization as it relies more heavily on artificial intelligence tools to get work done.

The company previously said that laid-off workers would receive severance packages including at least 16 weeks of base pay, plus another two weeks for each additional year of employment at the company. They’ll also get healthcare and career support benefits.

Pretty generous severance package......I knew when they (Meta) started counting keystrokes this would happen.

 

[citygator]

META is large and rich enough to simply stop hiring and let employees matriculate out by not filling openings but this is just another reminder that employees are not resources, they are tools, and as such disposed of without hesitation. I dont get why American labor continues to let itself get pushed around. It contributes to the wealth gap.

 

[1srelluc]

The salary structure at Meta varies significantly based on the role and experience level. Here are some key points:

• Average Salary: The average annual salary at Meta is approximately $155,739.
  
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• Engineering Roles: Engineering managers earn around $223,757, while research scientists make about $171,477.
  
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• High-Paying Positions: The highest paying roles include software engineers, with total compensation reaching up to $4,364,096.
  
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• Salary Range: Salaries typically range from $86,889 to $111,842 annually, depending on the role and experience.
  
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