I think I have covered so many layoffs on this site that its starting to get to me. Or it could be just how terrible the tech industry as a whole has gotten to me. But efficiency was what Meta wanted, cutting jobs doesn’t sound that effective.
Yesterday, Meta announced that it was not done with its 2023 “year of efficiency”. It seems to have found 60 more jobs to cut at Instagram in order to make a “leaner org”. These jobs seem to belong to middle managers that Meta was getting rid of.
The one key difference between Meta and the others is what it is planning to do with the employees holding those roles. They will have the chance to interview for a product manager position. By March, those who chose to leave or didn’t get the job will then be shown the door.
While this sounds like a great move, it isn’t all sunshine and rainbows. Meta did cut 11,000 jobs in 2022 and 10,000 in 2023. And, while these middle managers can possibly find a role somewhere else in the company, Meta as a whole still issued a hiring freeze for thousands of roles that still need to be filled.
As someone who was kept from taking a full time job because of a hiring freeze in 2022, I still don’t really understand the logic behind it. Lack of funding for a role doesn’t mean the role is still open in my book.
All the people at the top are making up all these rules and just playing with our lives at this point.