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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Northern Quarter favourite Pie and Ale has sadly closed down
Danny Jones
Beloved Northern Quarter eatery and pub Pie and Ale has sadly and quietly closed its doors this week in yet another gutting bit of news for the Manc hospitality sector.
Known for its legendary homemade pies, great selections of ales, craft beers and lagers, not to mention a great little pub when it comes to watching live sport, it’s long been considered an NQ institution.
Unfortunately, however, as confirmed by a sign posted in the window, Pie and Ale has now closed for business after more than a decade.
Safe to say, we’re absolutely gutted, as we’re sure everyone else is.
Credit: The Manc Eats
While no official announcement has been made on their social media as yet, which will no doubt receive love and sadness from its loyal following, the sign in the window simply reads: “Pie and Ale has unfortunately ceased trading. Apologies for any inconvenience.”
The local favourite which was always hailed for being great value for money – celebrated especially for its popular pie and a pint for under a tenner deal – also served up great nibbles and light bites as well as dessert specials.
Although the Lever Street spot previously shut down for a short spell back in 2018 due to what they labelled as “unforeseen circumstances” before reopening just two months later, this latest update looks pretty definitive.
Sister-site Bakerie also ceased trading back in April 2019, with husband and wife founders, Alyson Doocey and David Cook, admitting that all independents had been “feeling the squeeze”.
While we have few other details at this stage, it does look like Pie and Ale has indeed closed down for the foreseeable future.
A mainstay on our list of the best pies in Manchester since day dot and just the latest in the list of losses in 2024 so far, they will be sorely missed.
We sincerely hope this is like last time and will keep our fingers crossed that we see the pie pros and expert pourers back in business at some point.
One of Manchester’s largest hotels has reopened after an ‘extensive’ £33m renovation
Emily Sergeant
One of the largest hotels in Manchester city centre has now reopened its doors to the public following an “extensive” £33 million renovation.
A new chapter is officially underway for Manchester‘s Marriott Hotel in Piccadilly.
Conveniently located next to Manchester Piccadilly train station, and what is a world-class and ever-popular urban neighbourhood in Mayfield, the Piccadilly Marriott hotel is the second Marriott hotel in the city centre, and following its wide-scale refurbishment, the new premises now offers “a contemporary destination for travellers“.
A stunning bistro-style restaurant and bar, a large function room, 11 meeting rooms, a 24/7 ‘MClub’ lounge, a state-of-the-art gym, and an Elemis spa with six treatment rooms and a thermal suite, can all be found inside the new hotel.
Manchester Marriott Hotel Piccadilly has now reopened following a £33m refurbishment / Credit: Supplied
Known as the largest four-star hotel in the city centre, Manchester Marriott Hotel Piccadilly boasts 338 “generous” bedrooms spread across eight floors with “unparalleled comfort” and interior design that gives a nod to the neighbourhood’s industrial and music heritage.
The biggest standard-sized rooms in Manchester, 16 ‘Panoramic Suites’, and a selection of family rooms, are just some of the accommodation options the hotel now offers.
As well as the rooms, Manchester Marriott Hotel Piccadilly is also considered to be one of the best hotels in the city for both corporate and social events, with meeting rooms, function rooms, and more all on site, and now, thanks to the recent renovations, these refurbished spaces all include the latest in digital screen technology, audio-visual equipment, high-speed WiFi, and air conditioning.
The 338-room hotel is now one of the largest in Manchester city centre following the “extensive refurbishment” / Credit: Supplied
The new hotel is also home to Manchester’s only Marriott brand exclusive, MClub Lounge – which is a unique club lounge space designed to be the perfect place to relax, socialise, or meet for business.
The hotel’s stunning new spa is also described as being a “haven of wellness”, as it boasts six treatment rooms in partnership with award-winning British skincare brand, Elemis.
The stunning new premises now offers “a contemporary destination for travellers” / Credit: Supplied
Speaking as the new hotel opens its doors this week, Stephen Rycroft, who is the General Manager of Manchester Marriott Hotel Piccadilly, commented: “We are excited to be part of this launch, bringing the flagship Marriott brand to this grand hotel, as it’s grand in both innovative design and size, making it the largest hotel in Manchester city centre.
“Our team is committed to providing exceptional experiences for both business and leisure guests alike.”
Daisy Jackson -
9th November 2022 
