Amazon lays off 100 more employees, Meta takes tough decision regarding remote work policy

Layoffs: Meta is no longer listing the new remote work policy, as managers are reportedly prohibited from posting new listings with a remote-work policy. According to SFGate, a spokesperson for Meta said, “The delisting of the remote position is temporary.” Apart from this, online retail company Amazon has also shown the way out to 100 employees from one of its divisions.

Learn about Meta’s decision on remote work

A Meta spokesperson was quoted as saying, “We are committed to remote work. We have only temporarily paused new remote work applications as leaders complete the restructuring work announced by Mark (Zuckerberg) last month.” ” Company’s remote-friendly key details – “Remote work roles are now available in the US, Canada and Europe and we will continue to add more roles in more locations as they become available – Remote work vacancies were also removed from its website Is.”

Mark Zuckerberg said this in the March notice

In a March notice to employees, Zuckerberg said that engineers who are personally involved or work entirely individually. “Typically perform better than those who join to do remote work.” However, he said that the social media platform is committed to the distribution work.

Meta looking to cut costs further

After laying off 21,000 workers in two rounds of job cuts, Meta is looking to cut costs further and is reportedly planning to reduce bonus payments for some workers in its ‘performance year’. The Wall Street Journal reported that employees who received ‘highest expectations’ ratings in their performance reviews would receive a smaller portion of their bonuses and restricted stock awards. Thousands of workers have got dummy pay grade in the recent review round.

Meta is making changes to the performance process

A company spokesperson was quoted as saying, “We are making changes to our performance process taking into account the learnings and feedback of the past year while optimizing for the future. These changes are not related to workforce restructuring.” Zuckerberg said that after the reorganization, Meta plans to lift the hiring and transfer freeze in each group.

Amazon laid off more than 100 employees in gaming divisions

Amazon has laid off more than 100 employees in its gaming divisions. Prime Gaming, Game Growth and Amazon Games are among the ongoing layoffs in the company. According to a report, the company is now reassigning employees to projects that suit its strategic focus. The fired employees are already being informed, and they will receive salary, health benefits and paid time off to find a new job, the report said.

amazon is offering new world game

In an internal memo, the company said the cuts come after Amazon projects it is running against long-term goals. Amazon is currently offering the game ‘New World’ and a popular free-to-play shooter game called ‘Crucible’ was discontinued after a few months. In March, the e-commerce giant had announced layoffs of another 9,000 employees in Amazon Web Services (AWS), Twitch, advertising and HR.

What did Amazon CEO Andy Jesse say?

In a memo, Amazon CEO Andy Jassy said the company concluded the second phase of its operating plan. Jesse said, I’m writing to share that we will be reducing approximately 9,000 positions over the next few weeks, mostly in AWS, PXT, AdWords, and Twitch. Amazon eliminated 18,000 positions in January. He said that this month we completed the second phase of our plan, which led us to cut these additional 9,000 roles.

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