• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

1

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Meta

Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles

By
Kali Hays
Kali Hays
Down Arrow Button Icon
By
Kali Hays
Kali Hays
Down Arrow Button Icon
October 17, 2024, 2:27 PM ET
Mark Zuckerberg at Meta Connect in 2024.
Mark Zuckerberg at Meta Connect in 2024.David Paul Morris—Bloomberg via Getty Images

Scores of Meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency” around resources and headcount.

Recommended Video

Around 100 people were impacted by the latest round of reorganizations and a related reallocation of some resources inside Meta, three people with knowledge of the company told Fortune. Such changes and related incremental cuts to teams have been frequent at Meta this year, as CEO Mark Zuckerberg sticks to his vow that 2023’s “year of efficiency” would become a “permanent” part of how his company operates going forward. A handful of workers at Instagram and Messenger were cut earlier this year amid other team reorganizations and the elimination of certain job titles.

This week’s cuts mark at least the third time this year that incremental layoffs occurred at Meta. This time, it mostly impacted people working in Instagram, Facebook, and Reality Labs, according to the people familiar. Many of those affected were software engineers whose specific roles were eliminated, but some jobs in monetization were also cut. The Verge first reported that layoffs occurred at Meta, although none of the specifics have been reported.

Most of the people impacted received several weeks of advance notice that their roles were being either eliminated or moved to a new team or location, and were allowed to apply internally for other jobs made available to them. Some were successful. Some were not. Others accepted four months of severance in advance instead of going through that process, according to the people familiar.

The layoffs are separate from a disciplinary action Meta carried out last week that saw about 20 people in its Los Angeles office let go for improper use of GrubHub credits. The credits were given specifically for workers to buy meals while working at the office, but some were found to have used the credits for personal items or home delivery over the course of several months, as first reported by the FT.

Meta, which had 70,799 full-time employees at the end of its most recently reported quarter, cut tens of thousands of employees over the course of 2022 and 2023 in the wake of the pandemic. While the company has not had such mass layoffs in 2024, team-specific reorganizations this year have felt “constant,” one person told Fortune, noting that Reality Labs seems to go through a re-org “every few months.”

Another person said that while such changes have long been a part of Meta’s operation, a new push toward work on AI projects means more and more resources are being directed to AI and infrastructure teams. The company is also going through a process of “remapping” roles, deciding where the bulk of specific teams will be physically located given a three-day in-office work mandate that has caused some jobs to be moved or eliminated, the person said. 

“A few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” a Meta spokesperson told Fortune. “This includes moving some teams to different locations, and moving some employees to different roles. In situations like this when a role is eliminated, we work hard to find other opportunities for impacted employees.”

However, not all of the people laid off were given such notice, two sources told Fortune. Several people were “surprised” by emails that hit their inboxes this week explaining that their last day of work would be this Friday because their role had been eliminated. “Everyone was not treated the same in this,” one of the people said.

Several laid-off employees were in their jobs for one year or less, according to two of the sources. Jane Manchu Wong, who gained online notoriety for reverse-engineering incoming features for social media platforms before they were announced, joined Meta last year to work on its newest platform, Threads. However, she moved this year to a team within Instagram that was impacted by this round of layoffs. Wong posted that she was impacted by the cuts on Threads. However, no one working on the Threads team was laid off.

Despite the incremental nature of this recent round of layoffs, workers within Meta are expecting more such cuts, either later this year or early next year. Although the company is hiring more, headcount is being kept “very tight,” the person said, and performance reviews are tougher than ever.

Are you a Meta employee or someone with insight or a tip to share? Contact Kali Hays securely through Signal at +1-949-280-0267 or at kali.hays@fortune.com.

About the Author
By Kali Hays
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Photo of Sam Altman
AIOpenAI
‘We expect it to leak so we’re just announcing it’: OpenAI files confidential SEC paperwork for IPO
By The Associated PressJune 9, 2026
46 minutes ago
Gen Z hiring manager says CEOs are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone
SuccessThe Interview Playbook
Gen Z hiring manager says CEOs are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone
By Orianna Rosa RoyleJune 9, 2026
2 hours ago
Mortgage rates today, June 9, 2026
Personal Financemortgages
Mortgage rates today, June 9, 2026
By Glen Luke FlanaganJune 9, 2026
2 hours ago
Current refi mortgage rates report for June 9, 2026
Personal Financemortgage rates
Current refi mortgage rates report for June 9, 2026
By Glen Luke FlanaganJune 9, 2026
2 hours ago
Current ARM mortgage rates report for June 9, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for June 9, 2026
By Glen Luke FlanaganJune 9, 2026
2 hours ago
How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy
InvestingFinance
How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy
By Shawn TullyJune 9, 2026
2 hours ago

Most Popular

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
23 hours ago
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
2 days ago
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
13 hours ago
Current price of oil as of June 8, 2026
Personal Finance
Current price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
20 hours ago
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
By Nick LichtenbergJune 7, 2026
2 days ago
Current price of silver as of Monday, June 8, 2026
Personal Finance
Current price of silver as of Monday, June 8, 2026
By Joseph HostetlerJune 8, 2026
20 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.