In reaction to stalling advancement and intensive competitiveness, Meta Platforms Inc. executives have spoken of cost cuts, using the services of freezes and “ruthless prioritization.” A single phrase the organization has not used: layoffs.
But Meta has begun quietly nudging out a significant amount of staffers by reorganizing departments and offering affected staff a limited window to utilize for other roles in the enterprise, according to present-day and previous managers familiar with the subject, in a transfer that achieves staffing cuts when forestalling the mass issuance of pink slips.