2023 declared “Year of Efficiency” Meta CEO Mark Zuckerberg in 2023, which, however, is still developing in year of layoffs.

There have been two major layoffs in the past six months, with at least one layoff. 26,000 people (or about 30% of the company’s staff).

At the same time, some of the top executives have moved and run large Silicon Valley companies from their new residences in places like London and Tel Aviv.

layoffs and remote managementalong with widespread concern that the company’s leader is making the wrong moves about the future have sapped employee morale, according to nine current and former employees and reports seen by The New York Times.

While it was one of the most in-demand work environments in Silicon Valley until recently, the meta is now a precarious field for many employees.

Company share price fell 43% in the last 19 months, and Zuckerberg announced via Facebook further layoffs this month. And for the first time, engineering teams may be involved in some of those cuts, which is “unthinkable until the problems started last year,” two people who spoke to the NYT said.

“Too many workers feel In standbyErin Sumner, global director of human resources at DeleteMe, who was fired by Facebook last November, says. “They say it’s a combination The Hunger Games and Lord of the Flies. where everyone is trying to prove their worth,” she adds.

Employees within the company are under pressure to show they are working hard, two employees said. This control is reinforced by estimates – with the assistance of the management consulting firm Bain and Company. People, especially middle managers, are being asked to explain why their work is vital to achieving Meta’s goals.

Some employees try to appear busier, two other people say, leading to more possessiveness at work and less cooperation and solidarity. One employee describes the atmosphere as “ruthless“.

The company also cut some her rich privilege -like the free laundry- he’s used to attracts new talentlimits travel expenses to the bare necessities, while many notice that even cafe options have been severely downgraded.

Meta Problems

Meta, the parent company of Facebook, Instagram and WhatsApp, is not the only company to put a brake on its spending.