Facebook is rehiring former employees out of more than 20,000 previously laid off workers.

According to Business Insider (BI), thousands of Meta employees who were laid off a few months ago are now being invited back to the company.

The better business situation has caused Facebook’s parent company to gradually start recruiting back previously fired engineers and technicians.

BI sources said that any employee who has been fired by Mark Zuckerberg since November 2022 can apply for positions through the old relationship network.

As of May 2023, Mark Zuckerberg’s empire has cut 25% of its workforce with many different layoffs. However, since June, many former employees have been rehired thanks to better business results reports as well as increased investor confidence in Facebook.

Although most of Meta’s divisions still have a hiring freeze and CEO Mark Zuckerberg has vowed to reduce staffing costs for a more “productive” year, BI reports that Facebook has quietly called back. former employees in several positions.

Also according to BI, Meta is seeing a clear improvement in the advertising business thanks to attracting more users as well as the launch of Threads, a Twitter competitor in the context of Elon Musk’s family facing many difficulties.

More importantly, the view of shareholders and investors on Meta’s future has become more positive, thereby easing the group’s recruitment activities.

Most of Meta’s vacancies are software and hardware engineers or jobs related to virtual reality glasses as well as technical infrastructure, data centers…

In contrast, positions in the business operations segment, which had experienced the most layoffs in the past, had little or no rehiring.

In addition, for the most part, Mark Zuckerberg only re-recruits employee positions with clear jobs and does not re-invite management levels, thereby streamlining the apparatus and limiting the situation of sitting idle and getting paid.

Even though there has been some relaxation in recruitment, Facebook still only targets experienced employees rather than interns or new graduates. Former employees who have held high positions as engineers and have good work results will be given priority to be recalled by Meta.

Of course, this group will still carry out the full interview process as usual, and also advertise new employees to create fair competition. Furthermore, the salary in the new position will no longer be the same as that of previous employees.

Similar to Elon Musk

According to BI, Mark Zuckerberg’s move to re-recruit former employees is no different than what Elon Musk did with Twitter in the first weeks of taking over this social network.

After completing the $44 billion deal, the Tesla founder fired and then re-hired former Twitter employees for the same position.

Billionaire Elon Musk only realized the value of many Twitter employees, how important their abilities, qualifications, and experience were to the company after being fired and causing the business apparatus to fall into crisis.

However, in Meta’s case, former employees were recruited back into many new positions that were different from before or with lower salaries.

An anonymous former employee told BI that he accepted to return to Meta to work in the same position but with a 10% salary reduction. This employee expects to be rewarded within 1 year when Meta stock price is still going up and the business situation is optimistic again.

Some other former employees refused to return to Mark Zuckerberg because the salary was lower than before or had new plans for their careers.