Meta Plans Voluntary Departures for One-Third of Its French Workforce

Meta voluntary departure plan in France: Meta Plans Voluntary Departures for One-Third of Its French Workforce: The social media giant reportedly plans a voluntary departure plan affecting up to about 100 of its 300 employees in France, as part of a broader global layoff wave announced in late August.

Meta voluntary departure plan in France, Digi Mart USA News (France): Meta reportedly intends to cut one-third of its workforce in France. The social media giant is said to be preparing a voluntary departure plan under a collective conventional termination agreement negotiated since July, according to La Lettre.

The company employs 300 people in its French branch, meaning the plan could concern up to about 100 positions. The plan would be the French implementation of the wave of layoffs Meta announced in late August, affecting 8,000 employees, or 10% of its global workforce.

In France, Meta would offer departure terms of 2.15 months of salary per year of seniority, along with a ten-month mobility leave paid at 80% of gross salary. According to Les Échos, 88 employees left Meta France during a previous collective conventional termination in 2023, when the subsidiary had 350 employees.

The company has pursued an intensive push into artificial intelligence for several years, leading to a deep restructuring and job reassignments, including 7,000 announced in mid-May, aimed at reducing management layers and improving productivity.

In his pro-AI manifesto, Mark Zuckerberg asserted that the technology would bring an “abundance of jobs in the future,” stating: “There are far more useful companies and services to create than people are currently able to build.”

He also said: “The size of companies may decrease, as happened when industrial giants gave way to technology companies. But that does not mean fewer jobs overall.

It implies a greater number of companies, each employing fewer people.”

Promises of an abundance of jobs bind only those who believe them, and for now workers will have to contend with attrition.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

Leave a Reply

Your email address will not be published. Required fields are marked *

Sports

Explore USA News