Facebook owner Meta begins final round of mass layoffs

  • May 24, 2023
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Job cuts are part of plan announced in March to eliminate 10,000 roles, bringing headcount to where it stood mid-2021

Meta started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta earlier this year became the first big tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall. The cuts brought the company’s headcount down to where it stood as of about mid-2021, following a hiring spree that doubled its workforce since 2020.

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