Meta’s stock is on an upswing, but worker morale is reportedly in the gutter.
and the effects of the broader market on its lucrative social media and advertising businesses — shows that Meta is still facing many, many challenges during its transition to the new normal., according to the Post, comes from the layoffs. Since November, around 21,000 workers are expected to be cut by the company; the Post reports that the possibility of more layoffs, as well as cuts to bonuses and other worker perks, has left workers unhappy.
And even as Zuckerberg tried to rouse up workers in a recent all-staff meeting by referring to Meta as a “very special place,” according to the Post, workers appeared to be disenchanted by the company’s larger vision. Workers who anonymously spoke to the Post are also apparently displeased with the company’s slow movement amid shifting industry trends. TikTok is still snagging ad revenue and user attention despite Instagram and Facebook launching Reels, while nearly all tech companies, from
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