Overview

• Meta will begin notifying employees of performance-based layoffs starting Monday, February 10, with approximately 5% of the workforce, or 3,600 employees, impacted.
• Workers in Germany, France, Italy, and the Netherlands are exempt from layoffs due to local labor regulations, while notifications in other countries will occur through February 18.
• Impacted employees will lose access to company systems within an hour of notification and will receive severance details, bonuses, and vesting stock as applicable.
• The company is expediting hiring for machine learning engineers and other critical roles, with recruitment efforts running from February 11 to March 13.
• The layoffs follow Meta's broader strategic shift, including a focus on artificial intelligence, while phasing out DEI programs and adapting hiring practices.