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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The Council is giving Mancs £2,500 to move into a ‘more manageable’ home
Emily Sergeant
The Council is now offering financial help to support people moving into a smaller and ‘more manageable’ property.
Ever heard of ‘rightsizing? Well, according Manchester City Council it’s a process where a tenant in a larger social rent, Council, or Housing Association property, that may have more rooms than they need or perhaps are struggling to manage a big house as they get older, can be supported into a smaller property that better suits their needs.
The benefits of this process include cheaper bills, lower rents, and overall, just homes that are easier to clean and manage.
The aim of it is also to free up larger Council properties for families who are on the housing register – of which there are said to be around 20,000 of them currently at this time, with larger homes having some of the most significant wait times.
Are you struggling to look after a big Council or housing association home? We can help!
We are offering £2,500 to help people move into a smaller more manageable home, freeing up larger homes for families that need them.
It’s also estimated, according to the Council, that a third of all social rented family homes are thought to ‘underoccupied’.
This is why financial support and grants are now being offered.
Last year alone, 109 households were helped to ‘rightsize’ and were supported in the process by a dedicated team of Council officers, as well as benefitting from the Rightsizing Incentive Scheme – with a further 432 households having expressed interest doing so in the future.
Residents interested in ‘rightsizing’ could get a cash incentive of £2,500, which can be spent on anything they like, along with moving costs.
The Council is giving Mancs £2,500 to move into a ‘more manageable’ home / Credit: Benjamin Elliott (via Unsplash)
“Rightsizing could be a brilliant option for older people who are renting a Council home who may have spare rooms they don’t need or would benefit from looking after a smaller property,” explained Cllr Gavin White, who is Manchester City Council’s Executive Member for Housing and Development.
“Often a barrier to moving is the cost, but the Council will take care of the financial burden to help a resident move into a new home.
“The benefit for the city is that we can free up more larger homes for people who are waiting for a property that properly meets their needs. We think around a third of Council tenants could be under occupying their home, which means they could be paying more than they need to or they could be hit with the bedroom tax.”
Does this sound like you? Are you ready to ‘rightsize’? Find out more and begin the process via Manchester City Council’s website here.
Featured Image – Vitaly Gariev (via Unsplash)
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Trailer released for Netflix’s new Lucy Letby documentary with ‘unprecedented access’
Emily Sergeant
The trailer for Netflix’s new documentary about the investigation of Lucy Letby has been released.
The feature-length film about Lucy Letby – the infamous neonatal nurse who was found guilty of murdering seven babies and attempting to murder seven others under her care at the Countess of Chester Hospital – hears for the first time from the police officers who investigated the case that shook the nation.
It features never-before-seen footage of Letby during her arrests and police questioning, and even includes interviews with experts and lawyers on both sides, as well as with the hospital consultants who initially raised the alarm.
Tragically, it also includes an anonymised interview with a mother of one of the victims, who also speaks for the first time about her experience and involvement in Letby’s trial.
Produced as a result of years of research and relationship-building, the film – simply titled The Investigation of Lucy Letby – is described as being the most ‘comprehensive’ look at one of Britain’s most notorious crimes, and traces developments from her arrest to trial in chronological order.
Viewers will be given ‘unparalleled and exclusive access’ to those central to the story.
“This was an exceptional and demanding project, marked by significant creative and ethical responsibility,” commented director, Dominic Sivyer. “Our aim was to craft a powerful, emotionally resonant depiction of the events surrounding the case.”
Caroline Short, Head of Global TV at ITN Productions – who produced the documentary – added: “The access to all our contributors came with a huge responsibility to present everyone’s perspectives with care and understanding.
“We are grateful to all those people who trusted us to tell their story.”
Daisy Jackson -
9th November 2022 
