After cutting 11,000 jobs in 2022, Meta has announced plans to lay off an additional 10,000 employees. CEO Mark Zuckerberg has acknowledged the company’s overhiring during the pandemic and the challenges of navigating tough economic conditions.
One of the impacted employees is Chell Sterioff, who had worked at Meta since May 2021 in the US. She received an early morning email notifying her that it was her last day. Sterioff, who previously worked at Microsoft for over a decade, expressed her gratitude to Meta for the opportunities she had and wished her colleagues well.
Sterioff had previously shared a post anticipating the layoff announcement during the company’s initial round of layoffs five months ago. A former Meta employee also disclosed being paid $200,000 despite having little work to do.
Meanwhile, scrutiny has been placed on CEO Mark Zuckerberg’s travel expenses. Business Insider reported that Meta spent almost USD 2.3 million in 2022 on Zuckerberg’s private jet travel, exceeding previous years. Meta also spent over USD 27.1 million in 2022 on other compensations for the CEO, including increasing his security allowance to USD 14 million in February.