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Home Top Headlines

Mass Layoffs: Mark Zuckerberg’s Meta To Fire Over 3,500 Employees Next Week

by OB Bureau
February 8, 2025
in Top Headlines, World
Reading Time: 1 min read
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New York: Mark Zuckerberg-led tech giant Meta is set to carry out its planned layoffs next week, with around 3,600 employees likely to lose jobs.

Meta has informed staffers in an internal memo that it is pushing ahead with expediting the hiring of machine learning engineers, Reuters reported.

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Employees to be fired will be sent notices from 5 am local time between Monday (February 11) and February 18 in the United States and more than a dozen other countries across Europe, Asia and Africa.

Employees in Germany, France, Italy and the Netherlands will be exempt from the layoffs due to local regulations.

Meta announced last month that it would lay off 5 per cent of its ‘lowest performers’ and backfill at least some of the positions.

According to a Bloomberg report, US job openings fell in December by more than what was forecast to a three-month low.

Available positions decreased to 7.60 million from a revised 8.16 million reading in November, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey showed on Tuesday.

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