Forget quiet quitting. Meta and Google have learned the art of the quiet layoff
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Telling staff to pick new roles after reorganizing or disbanding teams, and running out the clock on the reapplication process until some are left with no job.
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It's still essentially a layoff, and it's less likely to draw attention or get widely reported.
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Troubles at Meta are well known, with the Facebook parent this year encountering a dip in revenue and daily active users at one point.
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It torched $10 billion on metaverse stuff and that its ad sales have been substantially hurt by Apple's drive.
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Meta has a policy of giving employees – like those in RIT – 30 days to find a new role at the company, after which point they're out of a job.
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Meta usually set a relatively high hiring bar, it's assumed staff are generally smart enough to keep and will find another team somewhere.
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Over at Google, roughly half of the 100-plus staff at its Area 120 startup incubator were this month given 90 days to find other jobs.
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The cuts at Google come not long after CEO Sundar Pichai said productivity at the web giant had to be upped by twenty percent.
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Meta seemed to be taking a different approach to layoffs, with Zuckerberg directing managers in June to aggressively terminate low-performing employees.