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About 4,000 Job Losses Expected as Meta Begins Layoffs

Facebook parent company Meta has begun notifying employees of a 5% workforce reduction, potentially impacting nearly 4,000 jobs in the...

Facebook parent company Meta has begun notifying employees of a 5% workforce reduction, potentially impacting nearly 4,000 jobs in the US, Europe and Asia, even as it reportedly appears to be bolstering its engineering teams by ‘expediting recruiting’ in key areas.

According to a report by Business Insider, Meta is actively recruiting engineers, particularly those specialising in machine learning.

In an internal memo in which Meta CEO Mark Zuckerberg said he “decided to raise the bar on performance management and move out low-performers faster,” he noted that the company will also fill these roles later this year.

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