Meta shuts down 'Quitter,' a tool that shows employees who left and why, as layoffs rock the company | Businessinsider

  • 📰 BISouthAfrica
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Meta shuts down 'Quitter,' a tool that shows employees who left and why, as layoffs rock the company.

Before Quitter was shuttered, Meta employees could use the tool to see who left the company each day. Now that it's gone, workers curious about personnel changes are on their own.

Quitter was shut down amid Meta's largest round of layoffs to date, leaving the remaining workers to seek out their own information on who was impactedMeta announced this week that it's laying off more than 11,000 workers, or 13% of its workforce, across the company to cut costs after it lost billions of dollars in revenue on lavish spending.

While there's no clear breakdown on who was let go, layoffs impacted a wide range of teams from recruitment to product managers to engineers,Meta is providing 16 weeks of base pay to laid-off employees plus two weeks of additional pay for every year of service, said the memo.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines