Meta is about to have a big layoff in many countries
Meta is said to be making major layoffs earlier this week across multiple countries, while also accelerating hiring for machine learning engineers.
The layoffs will take place between February 11 and 18, according to an internal memo from Meta's head of human resources, Janelle Gale, seen by Reuters. Affected employees will be notified at 5 a.m. local time.
Gale said this is being done in offices in more than 10 different countries, including Europe, Asia, Africa and the US. Employees in some markets such as Germany, France, Italy and the Netherlands will be exempted "due to local regulations".
The new round of layoffs will be different from some of the previous large-scale cuts, as offices will remain open, according to the leaked documents, and the company did not share details about its decision.
Meta has not commented yet.
Advertisement
Meta is about to have a big layoff in many countries Picture 1
Advertisement
Meta logo at an innovation event in Hanoi, October 2024. Photo: Luu Quy
Last month, Facebook's parent company also confirmed information about widespread staff adjustments, with the goal of reducing 5% of "lowest performing" employees, while filling vacant positions. According to Meta's announcement, as of September 2024, the company has more than 72,000 employees globally.
Additionally, another internal document was leaked, in which Meta Vice President Peng Fan requested to accelerate the recruitment of machine learning engineer positions, an important part of AI product development, as well as technical positions that are important to the business.
Earlier, according to an internal memo obtained by Business Insider, Zuckerberg said he had "decided to raise performance management standards" and that the quick layoffs were aimed at "removing poor performers." In a subsequent Workplace post, the Meta chief said he would make "more sweeping cuts" during this year's performance review cycle. Those laid off will be notified on February 10.
In January, Zuckerberg also assessed that AI is getting more powerful and has a high possibility of doing the work of mid-level engineers in the company this year. "Maybe in 2025, Meta and other companies are working on this problem," he said.
Meta had an 'efficiency year' in late 2022 and early 2023, laying off more than 20,000 employees in two waves. The company spent more than $3.5 billion to downsize, including $2.5 billion on facility consolidation, which means closing and streamlining offices, and $1 billion on 'severance and other personnel costs.' According to Zuckerberg at the time, the strategy helped the company meet its 2023 goals of 16% revenue growth and 69% profit growth.
Meta is about to have a big layoff in many countries Picture 2
Saved post successfully
You can review saved articles on the Saved Articles page.
Agree
You should read it
- This is the reason many people refuse to use Meta AI on any Meta platform!
- Instructions for using Imagine with Meta AI to create images from text
- How to turn off Meta AI on Facebook, Instagram
- Meta's new Horizon OS will lead to more VR headsets in the future
- Meta launched Llama 3, claiming to be the best AI platform currently available
- How to use Meta AI chatbot on Messenger
- How to write SEO standard description tag?
- Cách tạo nhân vật AI bằng Meta AI Studio
- Meta AI makes Instagram fun again
- Instructions for using Meta AI on WhatsApp
- Why did Facebook change its name to META?
- Meta Introduces AI-Generated Video Identification 'Watermarking' Tool
May be interested
YouTube rakes in advertising revenue, despite user frustration
Superplanet 3,752 times heavier than Earth discovered
Vietnamese female student has 5 scientific articles in the highest ranking group globally
3 observatories catch extremely strange radio rays from a 12.6 billion year old monster
Apply these tips now for digital security in 2025
How to authenticate the latest Zalo account