Meta Layoffs

Tech Layoffs: Meta to layoff 6,000 more workers next week, dark times for platform continues

In its second round of layoffs this year, Mark Zuckerberg's Meta will be laying off about 6000 people next week. In March this year, Meta had fired 4,000 people, and back in November last year, they had let go of 11,000 people.

New Wine, Old Bottle: Meta is keen on bolstering AI capabilities, wants to ‘introduce AI to billions’

Meta plans on being the next big thing in AI and wants to do with AI what it did with social media - introduce AI and its abilities to billions of people. However, the Metaverse, and Mark Zuckerberg's "Year Of Efficiency" are big challenges for the company.

Meta employees call out Mark Zuckerberg for paying fat bonuses to execs during mass layoffs

Meta Employees were livid when they found the cash bonuses that Mark Zuckerberg was giving to some of his top-level executives, ran into millions. The employees called Zuckerberg out for this and asked why should they continue to work at Meta.

Meta employee sacked in second round of layoffs; receives 'shocking' termination mail at 4 AM

Meta in its second round of layoffs will be terminating around 10,000 employees this year. 

Tech Layoffs: Meta starts laying people off again, this time from core engineering teams

Meta has started another round of layoffs and may terminate the services of about 10,000 people from the company. This time around, Meta is laying people off from some of its core engineering teams and ancillary teams that support core engineering teams.

Tech Layoffs Continue: Meta may have another round of layoffs planned for this week

According to a few people working in Meta, the social media giant is planning to lay off over 11,000 employees this week. The layoffs are part of a larger reorganisation at Meta, which CEO Mark Zuckerberg has nicknamed the "year of efficiency."

Meta to lay off 10,000 employees in second round of job cuts

The layoff underscores Mark Zuckerberg's push to turn 2023 into the 'Year of Efficiency' with promised cost cuts of $5 billion in expenses to between $89 billion and $95 billion

Meta may be planning to lay off thousands of employees more in this week or the next

In February, several reports surfaced that hinted that Meta may be looking at another round of layoffs, and may terminate thousands of employees again. Sordid evaluations and appraisals was one of the key reasons why people working at Meta are cautious.

Layoffs at Meta: Meta rates 7000 employees as 'below-average performers' amid layoff rumours

Amid rumours of a second round of layoffs at Meta, managers at the tech company have rated 10 per cent or roughly 7000 of its current employees to be below-par performers, hinting that they may be laid off by March this year.

Mark Zuckerberg in danger? Meta increases CEO’s security allowances to $14 Million amid layoffs

Amid mass layoffs at Meta, Mark Zuckerberg and his family's security allowance has been increased to $14 million a year. From 2013 to 2022, Meta spent about $128 million on Mark’s security allowances. In 2022 alone, it cost $27 million to keep Zuckerberg safe.