Source: Meta on Wednesday laid off around 700 employees in the Reality Labs unit, as well as some in recruiting, sales, and Facebook
Meta on Wednesday laid off around 700 employees, a person with knowledge of the company said, the latest downsizing as the Silicon Valley giant shifts its priorities toward artificial intelligence.
New York Times Eli Tan
Related Coverage
- Some Meta employees were told to work remotely for the day as layoffs loom Business Insider · Pranav Dixit
- Meta Platforms to Lay Off Hundreds The Information · Jyoti Mann
- New round of Meta layoffs hits Reality Labs division Seattle Business Journal · Nick Pasion
- Meta is cutting several hundred jobs amid record AI spending Mercury News
- Meta cuts about 700 jobs as it shifts spending to AI The Register · O'Ryan Johnson
- Meta lays off hundreds of workers amid huge AI spending San Francisco Chronicle · Roland Li
- Epic Games layoffs hit over 200 roles in Cary. Here's the list of impacted jobs Triangle Business Journal · Zac Ezzone
- Meta Prepares Hundreds of Layoffs as Part of Regular Restructuring PYMNTS.com
- Meta lays off hundreds of employees amid AI push and restructuring across key divisions Moneycontrol · Sarthak Singh
- Meta lays off hundreds of workers, including more from Reality Labs Engadget · Will Shanklin
- Meta is cutting several hundred jobs TechCrunch · Aisha Malik
- Meta is laying off hundreds of employees across Reality Labs and other groups Business Insider
- Meta begins laying off hundreds of employees across five divisions NBC News
- Meta lays off hundreds of employees across multiple teams The American Bazaar · Nileena Sunil
- Meta to lay off hundreds of employees: Report Reuters
- Meta Layoffs Shake Up Company as AI Reshapes Workforce Inc.com · Moses Jeanfrancois
- Meta cutting several hundred jobs across Reality Labs, Facebook and other departments CNBC · Ashley Capoot
- Meta lays off hundreds more workers as Mark Zuckerberg pivots away from costly ‘metaverse’ push New York Post · Ariel Zilber
- Meta cuts hundreds more jobs across Reality Labs, recruiting, and sales as AI spending doubles The Next Web · Allison Steffens Herrera
- Meta is laying off hundreds of employees across multiple teams: Report Business Standard
- Meta layoffs reportedly imminent as HR tells wearables and ads departments to work from home Quartz · Cris Tolomia
- Meta is reportedly laying off more workers. The Verge · Emma Roth
- Meta Laying Off Hundreds While Pouring Billions Into AI Talent And Infrastructure Allwork.Space
- I didn't expect to be writing this, but I was impacted by the recent layoffs at Meta. — The past 10 years in recruiting have meant a lot to me. … Lauren Radzevich
- SCOOP: Meta will lay off a few hundred people across the company on Wednesday, according to two people familiar with the matter … Jyoti Mann
- After nearly 7 years at Meta, my journey there has come to an end as part of a recent layoff. While this wasn't the way I imagined reaching this milestone … Dennis Behnke
- Meta Targets $9 Trillion Valuation With New Executive Incentive Program Wall Street Journal · Meghan Bobrowsky
- Meta Approves New Executive Stock Plan Tied to Aggressive Stock Goals The Information · Nick Wingfield
- Meta boosts top executives' pay with stock options as AI race heats up Reuters
- Meta executives could make billions under a blockbuster Elon-style pay package Business Insider · Charles Rollet
- Meta grants senior executives stock awards to retain talent Reuters
- Looks like Zuck and Elon are vying for quatros commas. Performance-based compensation structures can yield amazing results if done correctly but are also very prone to failure. … Octavian Florescu
- I like that Dina Powell's Meta option package is tied to these ambitious price targets, with tranche exercise prices running from $1,116.08 all the way to $3,727.12 per share. If Meta hits a given level by February 14, 2028, that tranche vests immediately; if not, the remaining options roll into a time-based vesting schedule through August 15, 2030. @mwi.invest
- Meta is laying off hundreds of employees as it pours money into AI The Verge · Emma Roth
- Meta Cuts 700 More Jobs Newser · Rob Quinn
- Facebook owner Meta makes 700 job cuts hours after losing landmark social media addiction trial GB News · Ben McCaffrey
- Meta Cuts Jobs Across Sales, Recruiting, Reality Labs MediaPost · Colin Kirkland
- Meta Offers Executives Massive Stock Option Packages Sharecafe
- Meta Platforms Just Unveiled Ambitious Plans to Grow Its Stock Price by 500% Over Five Years The Motley Fool · Danny Vena
- Meta Offers Executives Massive AI-Era Pay Packages In High-Stakes Talent Strategy Allwork.Space
- Meta Lays Off 700 in Pivot From Metaverse to AI Gizmodo · Matt Novak
- Meta cuts 700 jobs as it dangles up to $921 million for top executives in AI push Crypto Briefing · Estefano Gomez
- Meta slashes hundreds of jobs, layoffs hit multiple teams across the company: reports Fox Business
Discussion
-
r/Layoffs
r
on reddit
META layoffs
-
@dimartinobooth
Danielle DiMartino Booth
on x
Some @Meta employees directed to work remotely on Wed as company prepares layoffs...news comes after it was reported >20% of ~79,000 employees could be let go (~16,000)...would be largest workforce reduction since 2022-23 restructuring, when Meta eliminated >21k. @BusinessInsider
-
@thejobchick
Amanda Goodall
on x
When I said Meta layoffs were coming... I didn't say it lightly. Even when the Comms Director publicly disagrees with me. Reality Labs and Facebook employees being hit. Business Insider article out today about this says: “A spokesperson for Meta declined to comment.” Do with [ima…
-
@_investinq
@_investinq
on x
Meta just handed its top executives the biggest pay packages since the company went public in 2012, on the same day it laid off hundreds of workers. The CFO, the Chief Product Officer, the head of tech, and the COO are all getting stock options worth potentially hundreds of [imag…
-
r/antiwork
r
on reddit
Meta Lays Off 700 Employees, While Rewarding Top Executives