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Wired · Meta · Apple · Mark Zuckerberg ·

Inside Meta, the imminent cuts are among several concerns that have sunk morale to unprecedented depths

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Meta’s New Reality: Record High Profits. Record Low Morale.

Meta also plans to internally restructure as it conducts sweeping layoffs, transferring 7,000 remaining staff to “AI initiatives” and converting more managers into individual contributors.

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Summary

Ahead of Meta’s latest round of mass layoffs tomorrow, some employees are deserting offices, abandoning their work, and loading up on perks they might soon lose, several people at the company tell WIRED. Two employees describe a widespread rush to use up an annual $2,000 flexible benefit, which can cover a variety of expenses including health and wellness activities. Meta plans to lay off about 10 percent of its nearly 80,000 employees on Wednesday, with notices going out to affected workers’ personal and corporate email addresses at 4 am in their local time zone, according to a company-wide memo sent on Monday. But CEO Mark Zuckerberg insists that the company must free up cash to invest in AI data centers, and that Meta can perform as well with fewer employees because of AI technologies that augment human labor. Meta didn’t immediately respond to a request for comment for this story.

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