Impacted employees will receive 16 weeks of pay plus two additional weeks for every year of service, Zuckerberg said. Meta will cover health insurance for six months.
I know there must be just a range of different emotions. I want to say up front that I take full responsibility for this decision.
I’m the founder and CEO, I’m responsible for the health of our company, for our direction, and for deciding how we execute that, including things like this, and this was ultimately my call.
And it was one of the hardest calls that I’ve had to make in the 18 years of running the company. And a lot of why it’s hard is, obviously, it has a big impact on your lives, but also for our mission. We’re losing people who… you’ve really put your heart and soul into this place.
Each of you is talented and passionate, and each of you has played a role in making Meta the success that it is. No matter what team you may have worked on, each of you played a role in contributing to the products that billions of people use to connect every day.
