Meta Asks Employees To ‘Put In 200% Effort’ To Save Their Jobs Amid Looming Layoffs: Report

The coming few months will be turbulent for Meta employees as the tech giant is preparing to sack employees.?As workers prepare for sweeping layoffs, it has been revealed that Meta employees are being pushed to work twice as hard to safeguard their jobs at the troubled software giant.

One unnamed Meta employee told Insider, referring to CEO Mark Zuckerberg's message.

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"Zuck's message was loud and clear: You have three months to prove your worth, put in 200% effort, or you can resign now if you don't like it."

The productivity push occurs as Meta's stock price continues to fall and the social media giant strives to reinvent itself as a metaverse business.

As Zuckerberg pressures employees to work harder, Meta has altered many of its teams and managers, as per Insider, which highlighted conversations with three current workers.

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According to a current employee's manager, even the highest performers are "not safe."?

The employee allegedly said, "He said he is putting together a backup plan, and I should be too."

According to insiders at the company, a sizable number of employees could be affected by impending layoffs.

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After the second quarter, Meta—Facebook, Instagram, and WhatsApp parent company—reported having 83,500 workers globally.

"There is general consensus that we will have 20% fewer people next year," another Meta employee told Insider. "How that will happen, I'm not sure yet."

The report also states that a Meta representative referred to Zuckerberg's remarks during the company's second-quarter earnings call on July 27.

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During that call, Zuckerberg said Meta planned to "steadily reduce headcount growth over the next year" and warned, "many teams are going to shrink so we can shift energy to other areas."

"This is a period that demands more intensity, and I expect us to get more done with fewer resources," Zuckerberg said. "We're currently going through increasing the goals for many of our efforts."

A few weeks before the earnings call, Zuckerberg told employees he was worried the markets might be headed for "one of the worst downturns that we've seen in recent history."?

He mentioned that Meta intended to impose more pressure on employees to eliminate underperformers.

"Realistically, there are probably a bunch of people at the company who shouldn't be here," Zuckerberg said at an internal meeting at the time, as per Reuters.

"Part of my hope is that by raising expectations, having more aggressive goals, and just kind of turning up the heat a little bit, some of you might decide that this place isn't for you and that self-selection is OK with me," Zuckerberg added.

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After spending more than $15 billion on a largely ridiculed effort into metaverse technology, Meta has received criticism from investors.

Despite Zuckerberg's assertions that the metaverse will transform the business, the significant investment has not yet paid off.

Meta stated that losses tied to Reality Labs, the division building the metaverse, would increase next year despite the dropping share price and declining profits.

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"We do anticipate that Reality Labs losses in 2023 will grow significantly year-over-year," the company said.

Palmer Luckey, the creator of Meta's Oculus virtual reality headsets, is one famous critic of Zuckerberg's version of the metaverse.

The "Horizon Worlds" metaverse platform from Meta is "terrible" and "not currently not a solid product," as per Luckey, who was fired after selling Oculus to Facebook for $3 billion.

It's similar to a project car, Luckey remarked.

On Thursday, Meta shares fell more than 20% as the company revealed a 52% drop in third-quarter profit.

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