Meta is one of the most brutal tech job-choppers so far, axing about a quarter of employees
Rabois also called out revenue per employee as a useful metric to calculate a firm's bloat. A
shows that revenue per employee dropped at many of the major tech firms now chopping jobs. Meta's workforce inflated by 143% from 2018 to 2022, but revenue per employee fell 14% over that time.talking up Meta's"year of efficiency" in February"We're in a different environment now where a lot of what we do, it makes sense to focus on the efficiency a lot more than we had previously and make sure we can work effectively," he said.
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