Meta, also known as Facebook Inc., has begun its latest round of layoffs, targeting technical employees. As part of the company’s restructuring plan, which was announced last month, Meta has started letting go of some people in technical roles (“CNBC”). The social media company started notifying the affected employees early Wednesday morning, marking the second recent round of mass cuts (“Vox”).
These layoffs come amid Meta’s plan to cut 10,000 jobs, which was announced several months ago along with a months-long downsizing and restructuring process (“The Washington Post”). The company is looking to reduce its workforce and cut costs in response to a tech industry slump (“The Guardian”).
According to reports, the first wave of roughly 4,000 job cuts has begun (“The Guardian”). The company confirmed that it’s letting go of the first wave of employees in technical roles (“Engadget”). Meta has also instructed its North America-based employees to work from home on the day of the layoffs (“New York Post”).
These layoffs are expected to continue throughout the week, with another round of mass cuts expected to be issued soon (“TechCrunch”). The affected employees have expressed their disappointment, with one employee confirming the layoffs and stating that there are “more to come” (“KRON4”).
It is worth noting that Meta has not issued any direct quotes regarding these layoffs. Information regarding the layoffs have come from reports and sources familiar with the matter.
