Meta has experienced significant layoffs due to misguided policies throughout its history. As Meta CEO Mark Zuckerberg struggles to motivate employees, the company laid off 11,000 people in November. Following this wave, in March 2023, the CEO faced backlash from employees as 10,000 more Meta workers could be asked to work extra hours. Let’s take a closer look at the details of the news together.
74% of Meta employees don’t trust Zuckerberg!
According to The Washington Post’s report, 74% of Meta employees do not trust Mark Zuckerberg and his management, based on an internal survey conducted at the end of May. This number has increased by approximately 5 points compared to another survey conducted in October 2022. Furthermore, the report states that only 43% of the workforce feels valued within the company.
The series of workforce reductions, cost-cutting measures, and strategic changes that Zuckerberg referred to as the “year of productivity” are seen as the cause of this moral decline. The Boswell Group, through its corporate behavior and executive director Kerry Sulkowicz, continually evaluates Meta with thoughts like, “Am I next?”
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After the layoffs in March, an employee criticized the company management, saying, “You have shattered the morale and trust in leadership of many highly ambitious individuals working tirelessly. Why should I stay at Meta?”
Furthermore, Meta’s shift away from the Metaverse and towards AI-driven direction gave the impression to many employees that their efforts were wasted. As a result, Mark Zuckerberg’s leadership qualities in Meta employment came into question.
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