What an idea, a thematic guiding principle for business operations.
The New York Times reports Meta, the owner of Facebook and Instagram, planned to lay off about 10,000 employees, or roughly 13 percent of its workforce, in what the company’s founder, Mark Zuckerberg, has called a “year of efficiency.”
Operational excellence is one (of two) key functions business owners must strive to achieve. Worth considering in the world of the ever changing BAU dynamic.
NYT also reports other layoffs in the tech sector
Job Losses in the Tech Industry
After a pandemic hiring spree, several tech companies are now pulling back.
A Growing List: Alphabet, Microsoft and Zoom are among the latest tech giants to cut jobs amid concerns about an economic slowdown.
Salesforce: The company said it would lay off 10 percent of its staff, a decision that seemed to go against the professed commitment of its co-founder and chief executive, Marc Benioff, to its workers.
New Parents Hit Hard: At tech companies that spent recent years expanding paid parental leave, parents have felt the whiplash of mass layoffs in an especially visceral way.
Link to the article if you have an interest