November 9, 2022 - We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap. PTO. We’ll pay for all remaining PTO time. RSU vesting. Everyone impacted will receive their November 15, 2022 vesting.

Update 3/14: Recruiting, business, and tech teams will all be affected at different phases of layoffs. The first round of layoffs in 2022 mostly affected business and recruiting teams across Facebook, Instagram, and WhatsApp.

October 16, 2024 - This new round of job cuts follows the company’s massive layoffs in 2022 and 2023. Employees working on WhatsApp, Instagram, Reality Labs, and more are impacted.

December 8, 2022 - Meta announced it would lay off 11,000 workers in a cost-cutting move. Here is why the layoffs are happening and the reason they might not be a one-time event.

November 9, 2022 - Zuckerberg said that the company’s recruiting team would be particularly “disproportionately affected” by the cuts. Meta reported some 87,000 employees in September, with today’s layoffs making the first broad cuts since the firm’s ...

November 9, 2022 - Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg told employees on Wednesday.

November 9, 2022 - Meta has confirmed a massive round of layoffs, amounting to 11,000 employees or 13% of its total workforce.

November 10, 2022 - Nov 9 (Reuters) - Meta Platforms Inc (META.O), opens new tab said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook parent doubled down on its risky metaverse bet amid a crumbling advertising market and ...

November 9, 2022 - Meta said it was laying off more than 11,000 people, or about 13 percent of its work force, in what amounted to the company’s most significant job cuts. The layoffs were made across departments and regions, with areas like recruiting and business ...

November 16, 2022 - Facebook and Instagram's parent company, Meta, laid off 11,000 people last week – about 13% of its staff. CEO Mark Zuckerberg attributed the cuts to overhiring during the pandemic.

November 14, 2022 - Tue 8 Nov 2022 17.46 ESTLast modified on Mon 14 Nov 2022 07.17 EST · Share · Meta CEO Mark Zuckerberg confirmed to executives that the company will begin laying off employees on Wednesday morning, the Wall Street Journal reported on Tuesday.

November 9, 2022 - Facebook parent Meta lays off 11,000 workers CEO Mark Zuckerberg apologizes for the layoffs, which represent the first large-scale workforce reduction in the company's 18-year history.

November 9, 2022 - Updated November 9, 2022More than 2 years ago · 8 min · Advertisement · Advertisement · Meta said Nov. 9 it will let go of 13 percent of its workforce, as Facebook’s parent company battles cost increases and a weak advertising market. ...

February 14, 2025 - Tech and social media giant Meta is laying off thousands of workers in an effort to push productivity upward. ... After a dramatic spike in layoffs in 2022 and 2023, a handful of tech companies are trimming staff once again.

October 17, 2024 - In recent years, Meta has laid off a large amount of its workforce to rightsize the company following aggressive pandemic hiring. In 2022, Meta laid off roughly 13% of its workforce, or 11,000 employees, for which CEO Mark Zuckerberg personally ...

February 11, 2025 - Meta’s recently announced that it will lay off 5% of its workforce, targeting those labeled as “low performers.” This isn’t surprising in today’s corporate climate, but, for me, it raises some big questions.

In November 2022, Meta, formerly known as Facebook, announced a massive layoff of more than 11,000 employees, which accounts for 13% of its workforce. This decision came after the company experienced increased costs, a nearly 20% drop in shares, ...

November 6, 2022 - 6, 2022 · SAN FRANCISCO — Meta plans to lay off employees this week, three people with knowledge of the situation said, adding that the job cuts were set to be the most significant at the company since it was founded in 2004.

April 19, 2023 - Over two rounds of layoffs, in November and March, Meta said it will be cutting about 21,000 jobs. After plummeting in 2022, Meta's stock price has bounced back this year on optimism that massive cost cuts will boost profitability.

“Meta had the resources at its peak to do incredible things. Not just the dollars, but the encouragement to think of the best outcome possible, to make the biggest impact we could.” · By Sarah Scire @SarahScire Nov. 14, 2022, 1:07 p.m. Nov. 14, 2022, 1:07 p.m. Among the mass layoffs at the company formerly known as Facebook last week are several roles that have served as a bridge between the news industry and the sprawling tech company.