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Meta employees say 'zero work' getting done as layoffs loom, report
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Some employees of Meta Platforms are blasting CEO Mark Zuckerberg's "year of efficiency" as the social media company plans more cost-cutting measures, according to a recent report.
The parent of Facebook, Instagram, and WhatsApp is readying another round of job cuts after axing 11,000 positions last fall to reign in costs, according to a report from the Financial Times.
While Meta plans another layoff, employees familiar with the matter told the FT there hasn't been a lot of clarity around team budgets or future headcount, leaving managers unable to plan their workloads. Staff says "zero work" is getting done, employees told the outlet.
Representatives for Meta declined to comment.
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"The year of efficiency is kicking off with a bunch of people getting paid to do nothing," one employee said, adding that "it's a mess."