Meta, the company that owns social media brands WhatsApp, Instagram and Facebook, has today announced that more than 11,000 staff members will be axed from the business.
Founder and chief executive Mark Zuckerberg described it as a ‘sad moment’ and said that it was one of the most ‘difficult changes’ in Meta’s history.
In an email sent to staff and later shared online, he confirmed that the size of the team of ‘talented employees’ would be reduced by roughly 13% as part of a huge restructuring.
Zuckerberg added that Meta will become a ‘leaner and more efficient company’ by cutting discretionary spending and extending its hiring freeze through Q1.
He wrote: “I want to take accountability for these decisions and for how we got here. I know this is tough for everyone, and I’m especially sorry to those impacted.”
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The letter outlined that many expected the surge in online growth triggered by Covid lockdowns to be a ‘permanent acceleration’ – but that this ‘did not play out the way he expected’.
Credit: Unsplash
Zuckerberg wrote: “Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected. I got this wrong, and I take responsibility for that.”
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The letter to staff outlined that those being made redundant will receive 16 weeks’ of base pay, plus two additional weeks for every year of service, with no cap.
They also added that employees in the US would continue to receive healthcare for six months, and those working on a visa will have access to immigration specialists, with similar support outside the US.
It said: “We made the decision to remove access to most Meta systems for people leaving today given the amount of access to sensitive information. But we’re keeping email addresses active throughout the day so everyone can say farewell.”
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Further on, Zuckerberg wrote: “The teammates who will be leaving us are talented and passionate, and have made an important impact on our company and community. Each of you have helped make Meta a success, and I’m grateful for it. I’m sure you’ll go on to do great work at other places.”
He concluded: “This is a sad moment, and there’s no way around that. To those who are leaving, I want to thank you again for everything you’ve put into this place. We would not be where we are today without your hard work, and I’m grateful for your contributions.
“To those who are staying, I know this is a difficult time for you too. Not only are we saying goodbye to people we’ve worked closely with, but many of you also feel uncertainty about the future. I want you to know that we’re making these decisions to make sure our future is strong.
“I believe we are deeply underestimated as a company today. Billions of people use our services to connect, and our communities keep growing. Our core business is among the most profitable ever built with huge potential ahead. And we’re leading in developing the technology to define the future of social connection and the next computing platform. We do historically important work. I’m confident that if we work efficiently, we’ll come out of this downturn stronger and more resilient than ever.
“We’ll share more on how we’ll operate as a streamlined organization to achieve our priorities in the weeks ahead. For now, I’ll say one more time how thankful I am to those of you who are leaving for everything you’ve done to advance our mission.”
Featured image: Flickr
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Manchester rent is now ‘41% more expensive than five years ago, according to a recent study
Danny Jones
Yes, that’s right, as per some of the latest data on leased housing in central Manchester, it’s now approximately 41% more expensive to rent here than it was half a decade ago.
If you’ve lived in and around the city centre for long enough, chances are that you’ve already been feeling that difference, especially of late.
The ongoing cost-of-living crisis roughly began in 2021, following the economy and the world essentially opening back up after multiple lockdowns, so it’s little surprise that new research has shown affordability when it comes to renting has been on a slump ever since, too.
As well as the price of seemingly most things in everyday life going up post-pandemic, the average rental rate for even just a one-bedroom flat/apartment has jumped up significantly between 2020 and 2025.
Even some ‘available’ housing in town is being hampered by claddin (Credit: Valienne via WikiCommons)
That’s according to the numbers crunched by credit card experts, Zable, anyway.
Not only did their recent report cite the rent prices going up even before the cost of living crisis – essentially following the outset of the Covid-19 outbreak – but if their figures, the rate of inflation and the unwaveringly high demand for housing are anything to go by, this trajectory is likely to continue in 2026.
As of February this year, around one in three UK households is now a single-person occupancy, which already comes with its challenges (the Manchester City Council tax discount being a thin lifeline for countless), not to mention energy bills and the cost of groceries continuing on an upwards trend.
Put in the simplest and most reductive terms, it’s now almost £300 dearer for most people to live on their own than it was back in 2020, and besides Liverpool clocking in as second on the list of increasingly expensive cities to live (a 42.12% increase), Manchester came in third.
You can see the full table down below:
Rank
City
% increase – 2020-2025
Difference from 2020 to 2025 in £
Average rental cost for a 1 bed 2025
1
Newport
47.39%
£2,611
£8,121
2
Liverpool
42.12%
£2,290
£7,727
3
Manchester
41.00%
£3,364
£11,569
4
Edinburgh
40.28%
£4,620
£16,090
5
Leicester
39.93%
£2,391
£8,379
6
Wolverhampton
39.22%
£2,049
£7,273
7
Nottingham
39.07%
£2,400
£8,543
8
Glasgow
38.02%
£2,679
£9,725
9
Colchester
37.63%
£2,617
£9,572
10
Cardiff
37.06%
£2,828
Average rental cost for a 1-bed 2025
Another fear is that with lots of people finding it hard to manage living in other major cities like London, even those moving to Manchester are also having an impact on how available affordable housing is here.
That’s why schemes such as the new ‘social rent’ development over in Wythenshawe are so important to the current generations of renters, with the possibility of owning your own property in the future becoming increasingly difficult for so many.
It’s also worth noting that Manchester ranked fourth among the British locations where the cost of living is said to have increased the most over the past five years, with the average difference in annual spend growing by an estimated 22.84%.
1,500 miles of roadworks lifted to help ease congestion for drivers this bank holiday weekend
Emily Sergeant
1,500 miles of roadworks have now been lifted across the UK.
With half term well underway already, and now millions of drivers set to hit the road over the next five days as Easter bank holiday weekend arrives, giving Brits two extra days off, National Highways has now confirmed that, as of today (Thursday 2 April), around 1,500 miles of roadworks have been lifted nationwide.
Roads are expected to be ‘especially’ busy tomorrow in particular (Good Friday), National Highways predicts, as this is the day people are most likely to head on a spring getaway.
So, in a bid to help ease congestion for drivers up and down the motorways, roadworks have been removed up until Bank Holiday Monday (6 April).
“By keeping 98% of routes clear, we’re supporting the wider economy where it matters most to tourism, freight, and local businesses,” National Highways said in a statement.
1,500 miles of roadworks have been lifted to help ease congestion for drivers this bank holiday weekend / Credit: pxfuel
The decision to lift the roadworks comes as a new national survey revealed a total of 71,254 breakdowns were recorded in spring (March–May) last year, compared with 56,702 in 2022.
It also showed that more than one in two (53%) UK drivers have broken down on a motorway or major A-road in their lifetime, highlighting how common the experience is for both drivers and passengers, and why it’s important to take relevant safety precautions from all sides.
29% of drivers think their breakdown could have been prevented with simple vehicle safety checks, but 17% admit to rarely or never conducting these.
National Highways echoes the statement that most of these incidents could be avoided through ‘quick and basic’ checks, and is urging drivers heading away this bank holiday weekend to familiarise themselves with how to do these before hitting the roads, so they can reach their destinations safely, saving costs and reducing delays for all road users in the process.
“Millions of people will be hitting the roads over Easter, and we want everyone to have a safe and smooth journey,” commented Colin Stevenson, who is the Road Safety Information Lead at National Highways.
“A few simple checks can help to prevent many of the breakdowns we see each year and help drivers avoid unexpected delays, cost and stress.
Daisy Jackson -
9th November 2022 
