Location: Menlo Park, California, USA.
Based on news reporting.
Meta Platforms, Inc. has recently laid off approximately 11,000 employees, marking a significant reduction in its workforce as part of a broader restructuring effort. CEO Mark Zuckerberg communicated a farewell message to the affected employees, emphasizing the company's need to streamline operations amid challenging economic conditions. The layoffs are part of a strategic shift to focus on efficiency and cost-cutting measures. This decision reflects the ongoing pressures faced by the tech industry, as companies adapt to changing market dynamics. The layoffs occurred on November 9, 2023, impacting various roles within the organization, particularly in the company's core business areas.
Meta Platforms, Inc. cut 11,000 jobs as of November 9, 2023.
That is roughly 15.2% 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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