Meta, the parent company behind Facebook, Instagram, and WhatsApp, is exploring various options to cut costs and mitigate expenses after laying off 10,000 employees. While CEO Mark Zuckerberg indicated that the company will not eliminate remote work entirely, options to decrease it are under consideration. Almost three years after the onset of the COVID-19 pandemic, remote work has become a significant focus. Many tech companies are adopting a hybrid model, and administrators are gradually analyzing performance data to update their policies.
Zuckerberg, speaking at an all-hands meeting last week, stated that the vast majority of workers prefer to work in offices for some time. He acknowledged that the hybrid model will continue, but the company chief is looking for a balance between in-person and focused work. While stating that remote work will not be eliminated entirely, he suggested that teams should work together in the office more often.
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Zuckerberg's recent email about remote work expressed concern about performance. He cited a study suggesting that employees who joined Meta in-person or remained in-person performed better than those who joined remotely. Engineers who work in-person with their teams for at least three days a week also tend to perform better in the early stages of their careers.
A recent report suggested that Meta has asked its managers not to list remote positions in new job postings. A spokesperson for the company said that this decision is temporary and referred to Zuckerberg's restructuring plans. However, some jobs on LinkedIn still offer the option to work from home, according to reports.
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Last month, Meta announced the layoff of 10,000 people, in addition to the 11,000 employees laid off late last year. Google is also considering ways to mitigate costs, including reducing the budget for employee perks, food, laundry services, and office supplies. Apple MacBooks are now only available to engineering staff.
In conclusion, Meta's CEO has acknowledged that remote work will continue to be a significant focus. While not eliminating it entirely, the company is looking to decrease it to improve team collaboration and performance. As the company moves forward with its restructuring plans, its actions could impact its competitors in the tech industry.