Based on news reporting.
Meta Platforms, Inc. - 1 Hacker is set to lay off a total of 16,000 employees in the coming months, with 8,000 layoffs scheduled for May 20. This significant workforce reduction reflects the company's ongoing restructuring efforts amid challenging market conditions. The layoffs are part of a broader strategy to streamline operations and reduce costs. The exact locations and departments affected by these layoffs have not been disclosed. The announcement indicates a proactive approach to adapt to the evolving business landscape and maintain competitiveness.
Meta Platforms, Inc. cut 16,000 jobs.
That is roughly 22.1% 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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Meta Platforms, Inc. has announced planned job cuts affecting 16,000 employees. If you work there, what are you hearing internally? Which teams expect to be affected? You can post anonymously below.
Estimated figure based on news reporting. Not yet confirmed by Meta Platforms, Inc..
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