"Today I’m sharing some of the most difficult changes we’ve made in Meta’s history" skriver Mark Zuckerberg i et åpent brev til sine ansatte.
Meta, som blant annet står bak Facebook og Instagram, skal nemlig redusere antall ansatte med 13 prosent - som tilsvarer mer enn 11.000 ansatte.
"We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1" skriver Zuckerberg.
Tok feil av korona
Zuckerberg tar selv ansvaret for det som nå skjer.
"At the start of Covid, the world rapidly moved online and the surge of e-commerce led to outsized revenue growth. Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended. I did too, so I made the decision to significantly increase our investments" skriver han.
"Unfortunately, this did not play out the way I expected. Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected. I got this wrong, and I take responsibility for that."
Meta kvitter seg med Giphy
Oppsigelsene var varsla på forhånd. Og situasjonen er ikke unik.
Etter at Elon Musk tok over Twitter har han sparka rundt halve selskapet.
Andre giganter, blant annet Google, har også varsla at de går trangere tider i møte.