Layoffs: Meta is no longer listing new remote work policies, as managers are reportedly prohibited from posting new listings with remote-work policies. According to SFGate, a spokesperson for Meta said, "Delisting of remote positions is temporary." Apart from this, online retail company Amazon has also shown the way out to 100 employees from one of its divisions.
Learn about Meta’s decision on remote work
A Meta spokesperson was quoted as saying, "We are committed to remote work. We have only temporarily paused new remote work applications as leaders complete the restructuring work announced by Mark (Zuckerberg) last month." Company’s remote-friendly key details- " Remote work roles are now available in the US, Canada and Europe and we will continue to add more roles in more locations as they become available – Remote work vacancies have also been removed from its website."
Mark Zuckerberg said this in the March notice
In a March notice to employees, Zuckerberg said that engineers who are personally involved or work entirely individually. "Generally perform better than those who join for doing remote work." However, he said that the social media platform is committed to the distribution work.
Meta looking to cut costs further
After laying off 21,000 workers in two rounds of job cuts, Meta is looking to cut costs further and is reportedly planning to reduce bonus payments for some workers in its ‘year of efficiency’. The Wall Street Journal reported that employees who received ‘highest expectations’ ratings in their performance reviews would receive a smaller portion of their bonuses and restricted stock awards. Thousands of workers have received dummy pay grades in recent review rounds.
Meta is Transforming the Performance Process
A company spokesperson was quoted as saying, "We are making changes to our performance process taking into account the learnings and feedback from last year while optimizing for the future. These changes are not related to workforce restructuring." Zuckerberg said Meta plans to lift the hiring and transfer freezes in each group after the reorganization.
Amazon lays off more than 100 employees in gaming divisions
Amazon has laid off more than 100 employees in its gaming divisions. Prime Gaming, Game Growth and Amazon Games are among the ongoing layoffs in the company. According to a report, the company is now reassigning employees to projects that suit its strategic focus. Fired workers are already being informed, the report said, and will receive salary, health benefits and paid time off to find a new job.
Amazon is offering New World Game
In an internal memo, the company said the cuts came after Amazon ran projects against its long-term goals. Amazon is currently offering the game ‘New World’ and a popular free-to-play shooter game called ‘Crucible’ was discontinued after a few months. In March, the e-commerce giant announced plans to lay off another 9,000 employees in Amazon Web Services (AWS), Twitch, advertising and HR.
What did Amazon CEO Andy Jassy say
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