Based on news reporting.
Meta Platforms, Inc., led by Mark Zuckerberg, is preparing for significant job cuts, with approximately 8,000 employees expected to be affected in the first phase of layoffs. This decision is part of a broader restructuring effort aimed at streamlining operations and reducing costs. While specific dates for the layoffs have not been disclosed, the company has indicated that these cuts are forthcoming. The move reflects ongoing challenges within the tech industry as companies adjust to changing market conditions and economic pressures.
Meta Platforms, Inc. cut 8,000 jobs.
That is roughly 11% 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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Estimated figure based on news reporting. Not yet confirmed by Meta Platforms, Inc..
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