• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Meta layoffs: Facebook, WhatsApp, Instagram parent company to start laying off employees today

riceberry

Stupidman
Loyal
Joined
Aug 20, 2022
Messages
16,292
Points
113

Meta layoffs: Facebook, WhatsApp, Instagram parent company to start laying off employees today

Meta Platforms is set to issue layoff notices globally, targeting the bottom 5% of performers. Despite the job cuts, the company is aggressively hiring for AI and machine learning roles.​


Business Today Desk
  • Updated Feb 10, 2025, 8:03 AM IST
Meta Platforms, the parent company of Facebook, is set to issue layoff notices starting at 5 a.m. local time on Monday. The job cuts, described as 'performance terminations,' will mainly affect the lowest-performing 5 per cent of employees. Unlike previous layoffs, Meta will keep its offices open on the day of the cuts and will not release a company-wide statement. The layoffs will be global, but employees in Germany, France, Italy, and the Netherlands will be exempt due to local regulations. Notifications will be sent to staff in over a dozen countries across Europe, Asia, and Africa between February 11 and February 18.

According to a post authored by Meta's Head of People Janelle Gale, notices will go out to employees losing their jobs starting at 5 am local time Monday in most countries.

Despite the layoffs, Meta is focusing on hiring machine learning engineers and other critical roles. According to a memo from Peng Fan, VP of Engineering for Monetization, the hiring process will be expedited between February 11 and March 13, highlighting Meta's shift towards AI development in 2025.

The trend of job reductions is not exclusive to Meta. Other tech giants like Google, Microsoft, Amazon, and Stripe have also reduced their workforce in 2025. Google introduced a voluntary exit program for employees in its U.S. Platforms and Devices team, affecting its Android and Pixel divisions. Microsoft has intensified its focus on performance-based terminations, reportedly letting go of low-performing employees, some without severance packages. Amazon has cut about 200 jobs in its fashion and fitness divisions, realigning priorities within its North America Stores team. Stripe laid off around 300 employees in product, engineering, and operations, despite plans to increase its workforce by 17% by the end of 2025. Robinhood's media arm, Sherwood, also laid off employees as part of a restructuring initiative
 
It should be the opposite %
Lay off 95% of the jlbs and just keep 5% is enough for a bau.
Stupid ceos.
5 out of every 100 Jlb what shit can they save
 
Meta announced the retrenchment date some time ago.
They are informing the individuals affected tonight.
 
Back
Top