Here's the Math: 30,000 contractors will not be renewed in 2023 so the number is 11K+30K = 42K... Add to that 10K FTEs slated for layoffs in 2023, we are looking at 42K+11K=53K

Does anybody here actually believe that metaverse is the future? I have a feeling a lot of good people lost their livelihoods today because a stubborn billionaire refuses to accept and/or admit that his "brilliant" version of an idea that's been... — read more 

Cringy

were the hardware teams spared the rod or did they undergo layoffs too?

any product managers were let go? how many - any eatimates ? from which teams ?

The question is whether this generous package can cover up the big black eye on this company's reputation for cutting 11k jobs.

I am a customer – I sell a niche product and I advertise on facebook - It’s so hard to advertise on facebook, the tools are slow, too many clicks, ROI is fuzzy. Many folks including me are being banned for no reason, no explanation given – I spend in... — read more 

We have plenty of employees in other countries, are any of them being kicked out?

It's the non-tech employees who'll have more trouble finding new jobs once the dust settles. Being a software engineer with any of the FAANG companies on your resume means you'll be able to find a new job in no time. A good job at that. The rest of... — read more 

just saying - it's not all that bad. it's a generous severance package. 16 weeks after the 2 months on payroll adds up to six months. good luck

Currently there is a huge competition on the job market, but I think that most of us will succeed at getting a new job much earlier than most employees from other companies. Meta on a resume is of great value, I hope so anyway... Thoughts?

Let's comment here

Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. We are also taking a number of additional steps to... — read more 

What happened to the smart, amazing, capable life-loving tiktoker https://www.dailywire.com/news/video-of-23-year-old-meta-employee-enjoying-perks-goes-viral-as-investor-tells-zuckerberg-to-cut-headcount

I know that my company provided a much less generous severance. Being laid off sucks, but I'm sure your severance package will go a long way in softening the blow. If Oracle offered anything close to that, I'd be praying to be laid off night and day... — read more 

If Yes what is the count at FAIR, does somebody know?

And he says that in the official statement. "I want to take accountability for these decisions and for how we got here." So if it's his fault, and we all know it is, then why are the employees the ones who are paying for it? Why not him and his... — read more 

16 weeks + 2 weeks for every year spent with no cap? That's like a paid vacation for you guys - btw I am non meta person.

Unfortunately I was a part of the culling. Here's what them email I got sent read: Hello person we just fu---d, Earlier today, Mark announced that we’ve made the hard, but necessary, decision to lay off 13% of the company—unfortunately, you’ve been... — read more 

Today I'm sharing some of the most difficult changes we've made in Meta's history. I've decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. We are also taking a number of additional steps to... — read more 

Metamates, I want to share some tough news with you. Today, we began notifying some Metamates that they will lose their jobs. Most of the reductions will come from the Products org and, when completed, will affect about 14% of the company. I know... — read more 

This is per several posts floating in different threads and forums: 15% total 5% of eng 50% of recruiting Major FBapp reorg Directors find out today (Tues) who will be impacted on their team Impacted individuals will find out on Wed... — read more 

At any other time I wouldn't be too worried about cuts, but with everything else that's been going on - starting from the state of the economy and the seemingly never-ending tech layoffs - I would be lying if I said I'm not bothered by it. Hopefully... — read more 

"(Reuters) -Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported. He described broad cuts and specifically mentioned the... — read more 

Perhaps instead of cutting employees ( or cutting minimum amount of employees) and their benefits in the upcoming severe recession, they should cut employee pay or employee working hours. This way people can still keep their health benefits and... — read more 

Metaverse? Fediverse?

Under the Federal Worker Adjustment & Retraining Notification (WARN) Act, an employer must give you 60 days written notice before you are laid off, and must pay you for these 60 days. The WARN money is in addition to any severance payments you may... — read more 

Hello team I am an IC3 SWE, and this is my first full time SWE job - I've had some gigs while in college and a short 6 month stint at a local non-profit. I've beet at Meta a bit over three months and I feel that I will be laid off. It's a gut... — read more 

just do, don't think

Meta should be fine for the short term, but many newer companies will run out of capital.

Good luck everybody!

Looks like creative creative labor has a big target on its back. https://podcasts.apple.com/us/podcast/hibt-lab-openai-sam-altman/id1150510297?i=1000580232536

There is discussion that FAIR will be reduced by half during this round.

I really hoped that Meta wouldn't lay off despite their revenues growing to a standstill. This has nothing to with Meta themselves, but everything with how a eye-wateringly profitable corporation with a founder who has complete control could afford... — read more 

https://www.seattletimes.com/business/meta-is-said-to-plan-significant-job-cuts-this-week/

Which company do you think would be the next mega cap to rise after this downturn ? Where would employees laid off from META, GOOGLE, AAPLE, TWITTER etc go to ? Which midsize company is all set to blast off as we come out of the downturn in future... — read more 

https://www.wsj.com/articles/meta-is-preparing-to-notify-employees-of-large-scale-layoffs-this-week-11667767794 Meta Platforms Inc. META 4.94% is planning to begin large-scale layoffs this week, according to people familiar with the matter, in... — read more