Summary: It’s been a tough year for the Meta. The tech giant is facing a slump in stocks, a hiring freeze, massive employee turnover and a failed crypto venture. In a recent interview with employees, CEO Mark Zuckerberg discussed changes in the company’s focus, management style, and employee expectations. Unfortunately for Meta employees, it is reported that many of them may no longer be needed or desired.

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During sessionZuckerberg bluntly told Meta’s workforce that “… some of you may decide this place isn’t for you and that I’m okay with making my own choice.”

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The statement highlights the company’s need to brace for additional economic hardship, and it coincides with a reduction in planned 2022 hires of around 30% from an initial target of 10,000 to 6-7,000 employees this year.

Zuckerberg’s focus on boosting performance and cutting hiring is meant to weed out bad performers and those who can’t meet Meta’s new performance goals.

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His statements followed that of Meta’s chief executive Chris Cox, whose memo prior to the staff meeting outlined Meta’s intention to “relentlessly prioritize” and “run leaner, meaner, more efficient teams.”

Despite the staffing and management changes, Cox’s memo also highlights Meta’s need to increase the number of GPUs in their data centers to support their TikTok-style app, Reels, and to power the AI ​​tasked with browsing users’ popular Facebook and Instagram feeds. Accounts.

In addition to Meta’s current social media-based services, the company’s hardware division has focused on providing mixed reality headset To the market. Nicknamed “Cambria”, the next-generation headset is expected to have 16 cameras, as well as eye and face tracking capabilities. The headset is scheduled to launch in the second half of 2022, and the price is rumored to start at $799.

Many of the changes are intended to help Meta regain ground and boost revenue growth for the rest of the year and beyond. Zuckerberg & Co. strong words may be meant to appeal to investors and shareholders, but will no doubt force Meta employees to tweak their resumes or look for other safer, more stable opportunities. And, judging by the sounds, they should. Such statements are not just a warning of coming changes, but rather a sign that the changes have already come and the victims are inevitable.