According to media sources, Facebook CEO Mark Zuckerberg plans to lay off staff after the company’s shares lost 70% of their value this year, causing her to cease working there.
The company’s shares would fall, with a volume of $ 67 billion, in addition to losing more than half a trillion dollars in value this year, as a result of pessimistic forecasts about bad performance and a big increase in expenditures next year.
It is more significant that the issue is related to the slowdown in global “dead” growth in the face of “Tech Talk,” which is rapidly intensifying in the social media sphere.
The American newspaper “Wall Street Journal” reported that the expiration of workers in “Facebook” will affect thousands of employees, noting that the process may take place this week, specifically by Wednesday.
She explained that Zuckerberg wants to end the services of about 12,000 employees in the company, and the evaluation of these employees revealed that they are among the weak performances, knowing that the number of company employees is 87,000, according to last September figures.
According to the Wall Street Journal, the business plans to talk to its staff this week on the subject.
Despite the tremendous growth experienced during the Corona pandemic, this will be the more significant of its kind to impact the technology sector.
The business warned its employees not to travel unless absolutely necessary in advance of this.
Recently, 50% of Twitter’s employees worldwide experienced a “job slaughter.”
The American billionaire, Elon Musk, who acquired the platform, justified the decision to lay off the employees, and to reveal the benefits they obtained, and said: “With regard to reducing the Twitter power, unfortunately there is no choice when the company loses more than 4 million dollars per day. ” Anyone who leaves the service is compensated for a period of three months, which is 50% more than what is necessary by law.
Twelve thousand employees of “Mita” will experience the same fate as “Twitter”
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