The giant can't hold it anymore?Foreign media: Meta low -key reduction, planning to reduce at least 10%

Zhongxin Jingwei, September 22. According to the "Wall Street Journal" report on the 22nd, people who learn about Facebook's parent company META program said that the company is intending to cut at least 10%of expenses in the next few months. Reducing personnel will be expected to be a prelude to deeper cutting measures.

The report quoted the current and ex -managers who cited informedness, "Meta has squeezed a large number of employees away. The specific method is to reorganize the department and give the affected employees a limited time window period to apply for other positions in the company. This It can not only achieve reduction of staff, but also avoid issuing a notice of dismissal. "

The report mentioned that those who understand the META program said that this would be a prelude to deeper cutting measures. These people say that although a certain amount of expenses can be saved by reducing management expenses and consulting budgets, a large part of expenses are expected to reduce them by reducing staff.

The report pointed out that a few weeks before the above measures were released, Meta executives had publicly talked about the necessity of freezing recruitment and decisively determining the priority of the work, while avoiding the use of layoffs.

Meta disclosed the latest financial data at the end of July that the revenue in the second quarter was US $ 28.82 billion, a decrease of 1%from the same period in 2021. This is the first time that the company's announcement of its quarterly revenue declined compared with the same period of the previous year.

In addition, Meta announced the net profit of the second quarter of US $ 6.7 billion, which is the third consecutive quarter of profit declines in the company. Since the fourth quarter of 2012, Meta has never experienced three consecutive quarters of profits.

At that time, the British "Financial Times" reported that Meta's first quarter revenue declined on macroeconomic pressure and told investors that as advertisers reduced expenditures, the prospects were dim in the next few months.

According to Wind data, on Wednesday (September 21) in the United States, the stock price of Meta fell slightly after the stock price opened slightly, and the closure of 2.72%was reported at 142.12 yuan, a cumulative decline of 57.75%during the year. (Zhongxin Jingwei APP)

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