have been substantially hurt by Apple's drive to let iOS users opt out of online tracking. The business also ballooned in size during the pandemic, arguably becoming bloated and unwieldy.
In response, Meta CEO Mark Zuckerberg called on his mega-corp to shape up, turn up the heat, and lose the dead weight, which led to things like theMeta has a policy of giving employees – like those in RIT – 30 days to find a new role at the company, after which point they're out of a job if they somehow haven't secured a seat. Because places like Meta usually set a relatively high hiring bar, it's assumed staff are generally smart enough to keep and will find another team somewhere.
Whereas reshuffles happened previously at Meta without too many people losing their jobs, now even competent, capable ones are being shown the door, in dribs and drabs. It's reported that Facebook wants to cut costs by at least 10 percent, which mean reduced employment. It's not just the duds being let go, but normal staff, too.
yes this is called 'you position has been eliminated'. In da Valley we have 'at will' employment.
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