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Meta India Shakes Up Top Executive Roles

by media bites
May 27, 2023
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Meta, the parent company of Facebook, has carried out its third round of layoffs, affecting nearly 6,000 employees globally, including in India. Several top executives in India, such as Avinash Pant, Saket Jha Saurabh, and Amrita Mukherjee, were reportedly asked to step down. Mukherjee, who had been leading the legal team at Hotstar before joining Meta, was among those laid off.

The layoffs impacted various departments in India, including marketing, administration, and human resources. Surabhi Prakash, a Business Engineer at Meta, expressed her sentiments on LinkedIn after being let go, saying she was sad but relieved that the anxiousness was over. Employees across different levels within the company were affected by these job cuts.
These layoffs are part of Meta’s ongoing efforts to streamline operations and reduce costs, which they have dubbed the “Year of Efficiency.” Meta’s Founder and CEO, Mark Zuckerberg, had previously announced plans to cut 10,000 jobs through two rounds of layoffs. Since November 2022, a total of 21,000 positions have been eliminated across various departments, with 4,000 of the planned 10,000 job cuts implemented last month.
While these job cuts are intended to enhance efficiency and align with changing market dynamics, they pose challenges for the affected employees, including senior executives in India, who now face the consequences of the company’s cost-cutting measures

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خبر غم: اے آر وائی گروپ کے سی ای او سلمان اقبال کی بیٹی دوبئی میں انتقال کر گئیں

خبر غم: اے آر وائی گروپ کے سی ای او سلمان اقبال کی بیٹی دوبئی میں انتقال کر گئیں

Hamza Nadeem Public News

Amin Hamza joins Public News as Sr. Sales Manager

کاشف شہزاد بزنس ریکارڈر سے منسلک ہو گئے

کاشف شہزاد بزنس ریکارڈر سے منسلک ہو گئے

main logo

پاکستانی نژاد برطانوی سفارتکار فوزیہ یونس ٹورنٹو میں برطانوی کونسل جنرل تعینات

main logo

سہیل ظفر نے ٹی وی ٹوڈے جوائن کر لیا 

main logo

Indian-American Ajay Banga to lead World Bank

Shaukat Khanum’s son gets bail in lawyer’s murder case

Shaukat Khanum’s son gets bail in lawyer’s murder case

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5,000 Govt. jobs are coming

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Huawei is coming up with ChatGPT rival

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