Business

Meta Announces Major Workforce Reduction: What You Need to Know

Impending Job Cuts at Meta

Meta Platforms Inc. has recently communicated internally about a significant workforce reduction set to be officially announced this coming Monday. This decision, as reported by the Information, is part of the company's strategy to streamline operations and focus on high-performing employees.

Details of the Layoffs

Employees who are to be laid off will receive notifications via email, detailing their severance packages. This move follows an earlier announcement in January, where Meta indicated that the layoffs would primarily affect those identified as low-performing. It is estimated that around 3,600 employees will be impacted by these cuts.

Communication Strategy Post-Announcement

According to sources, Meta does not intend to issue further internal communications once the layoffs have been officially announced, signaling a swift and decisive action plan to manage this transition.