Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided khổng lồ reduce the kích thước of our team by about 13% và let more than 11,000 of our talented employees go. We are also taking a number of additional steps khổng lồ become a leaner and more efficient company by cutting discretionary spending & extending our hiring freeze through Q1.

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I want lớn take accountability for these decisions and for how we got here. I know this is tough for everyone, and I’m especially sorry to those impacted.

How did we get here?

At the start of Covid, the world rapidly moved online and the surge of e-commerce led lớn outsized revenue growth. Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended. I did too, so I made the decision to lớn significantly increase our investments. Unfortunately, this did not play out the way I expected. Not only has online commerce returned khổng lồ prior trends, but the macroeconomic downturn, increased competition, và ads signal loss have caused our revenue khổng lồ be much lower than I’d expected. I got this wrong, and I take responsibility for that.

In this new environment, we need lớn become more capital efficient. We’ve shifted more of our resources onto a smaller number of high priority growth areas — like our AI discovery engine, our ads và business platforms, and our long-term vision for the metaverse. We’ve cut costs across our business, including scaling back budgets, reducing perks, and shrinking our real estate footprint. We’re restructuring teams lớn increase our efficiency. But these measures alone won’t bring our expenses in line with our revenue growth, so I’ve also made the hard decision khổng lồ let people go.

How will this work?

There is no good way to bởi vì a layoff, but we hope lớn get all the relevant information to you as quickly as possible & then bởi whatever we can to support you through this.

Everyone will get an e-mail soon letting you know what this layoff means for you. After that, every affected employee will have the opportunity khổng lồ speak with someone to lớn get their questions answered & join information sessions.

Some of the details in the US include:

Severance. We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap.PTO. We’ll pay for all remaining PTO time.RSU vesting. Everyone impacted will receive their November 15, 2022 vesting.Health insurance. We’ll cover the cost of healthcare for people và their families for six months.Career services. We’ll provide three months of career support with an external vendor, including early access to lớn unpublished job leads.Immigration support. I know this is especially difficult if you’re here on a visa. There’s a notice period before termination và some visa grace periods, which means everyone will have time to lớn make plans & work through their immigration status. We have dedicated immigration specialists to lớn help guide you based on what you và your family need. 

Outside the US, tư vấn will be similar, và we’ll follow up soon with separate processes that take into tài khoản local employment laws.

We made the decision to lớn remove access khổng lồ most Meta systems for people leaving today given the amount of access to lớn sensitive information. But we’re keeping e-mail addresses active throughout the day so everyone can say farewell.

While we’re making reductions in every organization across both Family of Apps and Reality Labs, some teams will be affected more than others. Recruiting will be disproportionately affected since we’re planning to hire fewer people next year. We’re also restructuring our business teams more substantially. This is not a reflection of the great work these groups have done, but what we need going forward. The leaders of each group will schedule time lớn discuss what this means for your team over the next couple of days.

The teammates who will be leaving us are talented và passionate, and have made an important impact on our company & community. Each of you have helped make Meta a success, and I’m grateful for it. I’m sure you’ll go on to bởi great work at other places.

What other changes are we making?

I view layoffs as a last resort, so we decided khổng lồ rein in other sources of cost before letting teammates go. Overall, this will địa chỉ cửa hàng up to lớn a meaningful cultural shift in how we operate. For example, as we shrink our real estate footprint, we’re transitioning khổng lồ desk sharing for people who already spend most of their time outside the office. We’ll roll out more cost-cutting changes lượt thích this in the coming months. 

We’re also extending our hiring freeze through q.1 with a small number of exceptions. I’m going to watch our business performance, operational efficiency, and other macroeconomic factors lớn determine whether và how much we should resume hiring at that point. This will give us the ability lớn control our cost structure in the event of a continued economic downturn. It will also put us on a path to lớn achieve a more efficient cost structure than we outlined khổng lồ investors recently.

I’m currently in the middle of a thorough đánh giá of our infrastructure spending. As we build our AI infrastructure, we’re focused on becoming even more efficient with our capacity. Our infrastructure will continue lớn be an important advantage for Meta, and I believe we can achieve this while spending less.

Fundamentally, we’re making all these changes for two reasons: our revenue outlook is lower than we expected at the beginning of this year, and we want khổng lồ make sure we’re operating efficiently across both Family of Apps and Reality Labs. 

How bởi we move forward?

This is a sad moment, & there’s no way around that. To those who are leaving, I want lớn thank you again for everything you’ve put into this place. We would not be where we are today without your hard work, & I’m grateful for your contributions.

To those who are staying, I know this is a difficult time for you too. Not only are we saying goodbye lớn people we’ve worked closely with, but many of you also feel uncertainty about the future. I want you to lớn know that we’re making these decisions lớn make sure our future is strong.

I believe we are deeply underestimated as a company today. Billions of people use our services lớn connect, & our communities keep growing. Our core business is among the most profitable ever built with huge potential ahead. And we’re leading in developing the technology to define the future of social connection and the next computing platform. We vày historically important work. I’m confident that if we work efficiently, we’ll come out of this downturn stronger and more resilient than ever.

We’ll cốt truyện more on how we’ll operate as a streamlined organization lớn achieve our priorities in the weeks ahead. For now, I’ll say one more time how thankful I am to lớn those of you who are leaving for everything you’ve done khổng lồ advance our mission.

Mark

This post contains forward-looking statements regarding our future business plans and expectations. These forward-looking statements are only predictions & may differ materially from actual results due khổng lồ a variety of factors. Because some of these risks & uncertainties cannot be predicted or quantified & some are beyond our control, you should not rely on our forward-looking statements as predictions of future events. More information about potential risks và uncertainties that could affect our business & financial results is more fully detailed under the caption “Risk Factors” in our Quarterly Report on form 10-Q filed with the Securities và Exchange Commission (SEC) on October 27, 2022, which is available on our Investor Relations website at investor.fb.com & on the SEC website at www.sec.gov. In addition, please lưu ý that the date of this post is November 9, 2022, và any forward-looking statements contained herein are based on assumptions that we believe lớn be reasonable as of this date. We undertake no obligation to lớn update these statements as a result of new information or future events.

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CODE OF CANON LAW

TABLE OF CONTENTS

INTRODUCTION

BOOK I. GENERAL NORMS

TITLE IV. SINGULAR ADMINISTRATIVE ACTS (Cann. 35 - 93) TITLE VI. PHYSICAL and JURIDIC PERSONS (Cann. 96 - 123) TITLE IX. ECCLESIASTICAL OFFICES (Cann. 145 - 196) CHAPTER I. PROVISION OF ECCLESIASTICAL OFFICE CHAPTER II. LOSS OF ECCLESIASTICAL OFFICE

BOOK II. THE PEOPLE OF GOD

PART I. THE CHRISTIAN FAITHFUL (Cann. 204 - 207) TITLE III. SACRED MINISTERS OR CLERICS (Cann. 232 - 293) TITLE V. ASSOCIATIONS OF THE CHRISTIAN FAITHFUL (Cann. 298 - 329) PART II. THE HIERARCHICAL CONSTITUTION OF THE CHURCH SECTION I. THE SUPREME AUTHORITY OF THE CHURCH (Cann. 330 - 367) CHAPTER I. THE ROMAN PONTIFF và THE COLLEGE OF BISHOPS SECTION II. PARTICULAR CHURCHES and THEIR GROUPINGS TITLE I. PARTICULAR CHURCHES và THE AUTHORITY ESTABLISHED IN THEM (Cann. 368 - 430) CHAPTER II. BISHOPS CHAPTER III. THE IMPEDED SEE và THE VACANT SEE TITLE II. GROUPINGS OF PARTICULAR CHURCHES (Cann. 431 - 459) TITLE III. THE INTERNAL ORDERING OF PARTICULAR CHURCHES (Cann. 460 - 572) CHAPTER II. THE DIOCESAN CURIA CHAPTER VIII. RECTORS OF CHURCHES and CHAPLAINS PART III. INSTITUTES OF CONSECRATED LIFE & SOCIETIES OF APOSTOLIC LIFE SECTION I: INSTITUTES OF CONSECRATED LIFE TITLE II. RELIGIOUS INSTITUTES (Cann. 607 - 709) CHAPTER II. THE GOVERNANCE OF INSTITUTES CHAPTER III. THE ADMISSION OF CANDIDATES and THE FORMATION OF MEMBERS CHAPTER VI. SEPARATION OF MEMBERS FROM THE INSTITUTE

BOOK III. THE TEACHING FUNCTION OF THE CHURCH (747 - 755)

TITLE I. THE MINISTRY OF THE DIVINE WORD (Cann. 756 - 780) TITLE III. CATHOLIC EDUCATION (Cann. 793 - 821)

BOOK IV. FUNCTION OF THE CHURCH (Cann. 834 - 848)

PART I. THE SACRAMENTS TITLE I. BAPTISM (Cann. 849 - 878) TITLE II. THE SACRAMENT OF CONFIRMATION (Cann. 879 - 896) TITLE III. THE MOST HOLY EUCHARIST (Cann. 897 - 958) CHAPTER I. THE EUCHARISTIC CELEBRATION TITLE IV. THE SACRAMENT OF PENANCE (Cann. 959 - 997) TITLE V. THE SACRAMENT OF THE ANOINTING OF THE SICK (Cann. 998 - 1007) TITLE VI. ORDERS (Cann. 1008 - 1054) CHAPTER II. THOSE khổng lồ BE ORDAINED

TITLE VII. MARRIAGE (Cann. 1055 - 1165)

CHAPTER IX. THE SEPARATION OF SPOUSES CHAPTER X. THE CONVALIDATION OF MARRIAGE PART II : THE OTHER ACTS OF DIVINE WORSHIP TITLE III. ECCLESIASTICAL FUNERALS (Cann. 1176 - 1185) TITLE V. A VOW và AN OATH (Cann. 1191 - 1204) PART III : SACRED PLACES và TIMES TITLE I: SACRED PLACES (Cann. 1205 - 1243) TITLE II. SACRED TIMES (Cann. 1244 - 1258)

BOOK V. THE TEMPORAL GOODS OF THE CHURCH

BOOK VI. PENAL SANCTIONS IN THE CHURCH

PART I. OFFENCES and PUNISHMENTS IN GENERALTITLE IV. PENALTIES and OTHER PUNISHMENTS (Cann. 1331 - 1340) PART II. PARTICULAR OFFENCES và THE PENALTIES ESTABLISHED FOR THEM

BOOK VII PROCESSES

PART I. TRIALS IN GENERAL (Cann. 1400 - 1403) TITLE II. DIFFERENT GRADES and KINDS OF TRIBUNALS (Cann. 1417 - 1445) CHAPTER I. THE TRIBUNAL OF FIRST INSTANCE TITLE III. THE DISCIPLINE khổng lồ BE OBSERVED IN TRIBUNALS (Cann. 1446 - 1475) TITLE IV. THE PARTIES IN A CASE (Cann. 1476 - 1490) TITLE V. ACTIONS & EXCEPTIONS (Cann. 1491 - 1500) PART II. THE CONTENTIOUS TRIAL SECTION I. THE ORDINARY CONTENTIOUS TRIAL TITLE I. THE INTRODUCTION OF THE CASE (Cann. 1501 - 1512) TITLE IV. PROOFS (Cann. 1526 - 1586) CHAPTER II. PROOF THROUGH DOCUMENTS CHAPTER III. WITNESSES and TESTIMONIES TITLE V. INCIDENTAL CASES (Cann. 1587 - 1597) TITLE VIII. CHALLENGE OF THE SENTENCE (Cann. 1619 - 1640) TITLE IX. RES IUDICATA và RESTITUTIO IN INTEGRUM (Cann. 1641 - 1648) PART III. CERTAIN SPECIAL PROCESSES TITLE I. MARRIAGE PROCESSES (Cann. 1671 - 1707) CHAPTER I. CASES lớn DECLARE THE NULLITY OF MARRIAGE PART IV. THE PENAL PROCESS (Cann. 1717 - 1731) PART V. THE METHOD OF PROCEEDING IN ADMINISTRATIVE RECOURSE and IN THE REMOVAL OR TRANSFER OF PASTORS SECTION II. THE PROCEDURE IN THE REMOVAL OR TRANSFER OF PASTORS (Cann. 1740 - 1752)

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Durante il Concilio tmec.edu.vno I, 33 Vescovi chiedono a Pio IX di procedere alla redazione del Codice di diritto canonico. Nell"istanza rivolta al Pontefice scrivono: «Opus sane arduum; sed quo plus difficultatis habet, eo magis est tanto Pontifice dignum» (Collectio Lacensis, VII, p 889, V).