1,000
3.00Layoffs announced. If no objections, I will close this market in favor of YES after 24 hours.
https://about.fb.com/news/2023/03/mark-zuckerberg-meta-year-of-efficiency/
> over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates. With less hiring, I’ve made the difficult decision to further reduce the size of our recruiting team. We will let recruiting team members know tomorrow whether they’re impacted. We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May. In a small number of cases, it may take through the end of the year to complete these changes. Our timelines for international teams will also look different, and local leaders will follow up with more details. Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired.
Let's check, if we trust the news
https://manifold.markets/SashaTe/will-meta-layoff-thousands-in-the-n
@MCMillennium What if news articles describe them as layoffs, but Meta does not "announce" them? The article posted above indicates there might be slow, rolling layoffs/firings that Meta does not publically announce at all.
@Quate If the company doesn't announce it, then I think it would fail the plain reading of the market title "Will Meta announce layoffs by 2023-04-30?"
@MCMillennium I’m buying way more NO then. I’m guessing they’ll fire a bunch of people, quietly nod/decline to comment on news articles asking if these are layoffs, and move on. This might be tricky to resolve.