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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An iconic vintage train is set to pass through Greater Manchester this summer
Danny Jones
Calling all railway enthusiasts: another historic vintage locomotive is set to visit two Greater Manchester train stations this summer.
Whether you’re a passionate trainspotter or just a nearby resident curious to see what all the fuss is about, the cult favourite retro carriages will pass through the pair of Manc boroughs and surrounding areas early next month.
Despite an adjustment in the initial plans, locals will still be able to witness and board the train at multiple stops along the way in the Stockport (Reddish South station) and Rochdale areas.
So, if you consider yourself a bit of a ‘Francis Bourgeois’ figure, or a general public transport connoisseur, pay attention.
Designed by Sir Kenneth Granger and officially launched back in 1976, the fleet was named as such after the top speed of 125mph – simple as that.
Once again, it’s worth noting that the originally proposed route and stops have now been changed due to issues with Network Rail.
As a result of there currently being no standing approval to use the connection from Paignton to Bury on the East Lancs Railway line, they have been forced to change the start and terminus points.
Writing on the dedicated 125Group website, they say: “We are reviewing our options to start as close as possible to the advertised departure point, and it seems likely that Rochdale will become the start and finish point, with all other previous pick-ups retained.
“For those in the far south west, we are looking to see whether we can offer an Exeter to Paignton return – subject to availability of space. We will add this to the booking site shortly, although we may have to limit numbers sold until we are more certain of booking levels to Bristol and Exeter.”
Two 125s, including ‘The Mancunian Princess’, travelled through the SK region earlier this year.
They have reassured that the journey will still be going ahead and have simply advised those hoping to catch it to keep their eyes peeled on the website and their socials for the latest updates.
Kids’ tickets start from just a tenner, and standard passes for the full tour cost £99, with first-class the class option priced at £149 (there’s also a table for two supplement available for £50).
You can see the full map, find out more information, and grab your seats right HERE.
Bet the internet signal on this relic isn’t far off the current standard either, to be fair…
Temporary location for ‘Number 10 North’ in Manchester city centre reportedly confirmed
Emily Sergeant
The temporary location for the new Number 10 North project has been announced.
You may remember that earlier last month, it was revealed that Andy Burnham had intentions to create a Number 10 North if he was to become Prime Minister, and now that he is, more details on this move to Manchester have been revealed.
Number 10 North is expected to be a ‘dominant driver of the UK’s economy’ once it’s officially up and running, Government ministers say.
According to BBC News reports, civil servants working for Government departments based in London have been offered relocation packages to encourage them to move to the northern base in Manchester, which is said to be being overseen by cabinet minister and ally of Andy Burnham, Louise Haigh.
The temporary location for ‘Number 10 North’ in Manchester city centre has reportedly been confirmed / Credit: gov.uk (via Wikimedia Commons)
Haigh – who is the first secretary of state – has reportedly been asked, according to the BBC, to have been asked to lead a new Office for the Prime Minister and the Cabinet (OPMC), which will give her control of key decision-making bodies across Government.
The OPMC will include No 10 and No 10 North, as well as other teams within the Cabinet Office.
It is understood, according to the same BBC reports, that the initial temporary location of No 10 North will be Heron House, just off Albert Square in central Manchester, which is the same building that currently houses offices for the intelligence service GCHQ, and where eyewitnesses have spotted police officers guarding in recent days.
🚨 NEW: No 10 North will temporarily be based at Heron House in central Manchester
Whitehall civil servants have been offered relocation packages to encourage them to move pic.twitter.com/BVyUkNfxRr
The longer-term base for Number 10 North, however, is expected to be at the new Government ‘Digital Campus’, which is currently under construction in the Ancoats and is not due for completion until 2032.
Alongside Whitehall officials who are willing to move to Manchester, it is also likely there will be a significant movement of staff from Burnham’s former mayoral team at the Greater Manchester Combined Authority (GMCA), the BBC reports.
You can discover more about the plans for Number 10 North here.
Daisy Jackson -
9th November 2022 
