Location: Playa Vista, CA and Menlo Park, CA.
Based on news reporting.
Meta Platforms, Inc. has confirmed layoffs affecting approximately 350 employees across its Playa Vista and Menlo Park offices. The layoffs are part of a broader restructuring effort aimed at streamlining operations and reducing costs in response to changing market conditions. This decision comes as the company faces increased scrutiny and competition in the tech industry. Employees were informed of the layoffs on October 1, 2023, marking a significant shift in Meta's workforce strategy. The company has not specified which departments are most affected by these cuts, but the layoffs are expected to impact various roles within the organization.
Meta Platforms, Inc. cut 350 jobs as of October 1, 2023.
That is roughly 0.5% of the 72,404 people Meta Platforms, Inc. employs.
LayoffTalk has tracked 100 layoff events at Meta Platforms, Inc. since October 2023, affecting a combined 83,395 employees.
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