December 7, 2022

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Mark Zuckerberg: The moment he announced the layoff of 11,000 dead…

YouTube photo/CNBC TV

Meta CEO, Mark ZuckerbergI directed a video call to company employees yesterday, Wednesday, a few hours after the decision to lay off 13% of employees.

A dead employee who was among those affected by the decision released an instant video.

Mark Zuckerberg: The moment he announced the layoffs of 11,000 workers in Meta-1

Early Wednesday morning, Zuckerberg said Meta is making cuts at every organization, but that hiring will be disproportionately affected as the company decides to hire fewer people in 2023.

Zuckerberg said Meta has extended the hiring freeze through the first quarter of next year, with only a few exceptions.

He added that employees affected by the decision will receive 16 weeks’ wages in addition to an additional two weeks for each year they have worked at the company. In addition, Meta will provide them with health coverage for six months.

Here is what Zuckerberg had to say during the video:

“I know there must be a lot of feelings. I want to tell you directly that I take full responsibility for this decision.

I am the founder and CEO, and I am responsible for the well-being of our company, for our direction and for deciding how to achieve it all, including decisions like the ones I make.

It was one of the toughest decisions I’ve had to make in the 18 years I’ve run the company. And it’s difficult, because – obviously – it greatly affects your life and our mission. We are missing out on the people who… truly gave their soul and heart to this place.

Each of you is talented and full of passion, and you all played a part in Meta’s success. No matter which team you worked on, each of you played a role in contributing to the products that billions of people use to connect with each other every day.”

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With information from CNBC

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