MENLO PARK, Calif. (KRON) — A not so good morning Wednesday for thousands of Meta employees woke up to news that they’ve been laid off or that they’re entire team has been restructured with new management.
An employee who said they were laid off Wednesday morning but wanted to remain anonymous confirmed to KRON4 that the layoffs included mostly product-facing teams this round and will be impacting business in May–meaning finance, legal and human resources teams.
“They updated their vocab to include that any tech teams that weren’t impacted today might be included in May,” the source told KRON4. “Also, that layoffs wouldn’t stop there. More to come in the future.”
Meta spokespeople told KRON4 that these layoffs are still part of their plan announced in March.
An internal memo was sent out to managers at Meta, Facebook’s parent company, to expect layoffs and restructuring Wednesday morning. The exact number of layoffs is unknown.
This announcement is said to be part of a cost cutting plan that will end with around 10,000 positions being cut.
Those being affected by this will be groups at Facebook, WhatsApp, Instagram and Reality Lab. This is the second round of layoffs the company has done. The first was back in November when it cut around 13 percent of its workforce resulting in around 11,000 jobs being lost.
This internal memo says employees that have not been laid off—will be re-assigned to new managers and teams and ask that employees stay home Wednesday if they can and only go in if needed.