Beautiful Virgin Islands

Monday, Aug 04, 2025

Meta To Start Another Round Of Layoffs Next Week: Report

Meta To Start Another Round Of Layoffs Next Week: Report

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.
Facebook-parent Meta Platforms has said that it will be conducting another round of layoffs just two months after it let go 10,000 employees, as per a report in Vox News. This was communicated to the staff by the company's executives in a Q&A with employees on Thursday.

Meta's President of Global Affairs Nick Clegg said during the company meeting, "The third wave is going to happen next week. That affects everybody in the biz teams, including in my orgs. It's just a time of great anxiety and uncertainty. ... I wish I could have some easy way of providing solace or comfort. It is uncertain. And actually it's really increased my admiration for the way that everyone - notwithstanding that uncertainty - you're just displaying such resilience and professionalism."

The executive said that the layoffs "will follow a similar process" to the job cuts that took place in April. The Head of People Meta will send a note to staff members the afternoon before layoffs take place with information about when the process will start and which teams will be impacted. Further, Employees impacted by the job cuts will then be notified and then information will be sent to non-impacted employees. According to Mr Clegg, the company will request that any employee "whose job allows" should work from home, as per Vox News.

Melinda Davenport, the Director of Internal Communications at Meta, addressed the staff members before the executives took questions. "Real talk: We are still going through our layoffs and restructuring that you've heard all of our senior leaders mention. And while I know that it's a tough and tricky situation, we're going to try to answer all the questions that you may have." Ms Davenport added that the company "may not have all the answers that you're searching for" but the company is trying their best.

As per the outlet, several employees questioned whether there will be more layoffs in the future. To this, the Chief Technology Officer Andrew "Boz" Bosworth stated that they "don't have anything planned". He said, "The plan is to continue as we have done for a long time as a company and go forth and build and grow."

"I can't tell you if the revenue tanks and the economy tanks or costs go up for some reason or some kind of thing happens. You know, I can't know the future," he concluded.

It is to be noted that the company has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals. To achieve the same, it is flattening the organisation, cancelling lower priority projects and slowing hiring. As per Reuters,
Meta has struggled with a "post-pandemic slump" in advertising spending from companies facing high inflation and rising interest rates.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
Tesla Seeks Shareholder Approval for $29 Billion Compensation Package for Elon Musk
Nvidia is cutting prices on its RTX 50-series graphics cards after sales slowed and inventories piled up
Ghislaine Maxwell Transferred to Minimum-Security Prison Amid Ongoing DOJ Discussions
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Matt Taibbi Slams Media for Role in Russiagate Narrative
Pilots Call for Mental Health Support Without Stigma
All Five Trapped Miners Found Dead After El Teniente Mine Collapse
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Nationwide Protests Erupt in Brazil Demanding Presidential Resignation
Parents Abandon Child at Barcelona Airport Over Passport Issue
Mystery Surrounds Death of Brazilian Woman with iPhones Glued to Her Body
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
U.S. Opens Official Investigation into Former Trump Prosecutor Jack Smith
Leaked audio of Canada's new PM Mark Carney admitting the truth about the Net Zero agenda: "We're gonna make a lot of money off of this."
China Enforces Comprehensive Ban on Cryptocurrency Activities
Absolutely 100% Realistic EVO Series Doll by EXDOLL (Chinese Company) used mainly for carnal purposes
World Economic Forum founder Klaus Schwab: "In this new world, we must accept... total transparency. You have to get used to it. You have to behave accordingly. But if you have nothing to hide, you shouldn't be afraid."
Meet Mufti Hamid Patel, head of Office for Standards in Education in Pakistan
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
Decline in Tourism in Majorca Amidst Ongoing Anti-Tourism Protests
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
Poland Begins Excavation at Dziemiany After New Clue to World War II‑Era Nazi Treasure
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Threatens Canada with Tariffs Over Palestinian State Recognition
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Trump Sues Murdoch in “Heavyweight Bout”: Lawsuit Over Alleged Epstein Letter Sets Stage for Courtroom Showdown
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
J.K. Rowling Limits Public Engagements Citing Safety Fears
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Procter & Gamble to Raise U.S. Prices to Offset One‑Billion‑Dollar Tariff Cost
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
×