Location: Menlo Park, California.
Based on news reporting.
Meta Platforms, Inc. is set to lay off approximately 10,000 employees as part of a restructuring plan aimed at adapting to the evolving landscape of artificial intelligence. The layoffs are scheduled to take place starting January 15, 2024, as the company seeks to streamline operations and focus on AI-driven initiatives. This decision follows a previous round of layoffs that affected 11,000 employees, indicating a continued effort to reduce workforce size in response to market pressures. The company is navigating a challenging economic environment and aims to position itself for future growth in the AI sector.
Meta Platforms, Inc. cut 10,000 jobs.
That is roughly 13.8% 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 10,000 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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