Meta
TechnologyUnited States2 layoff rounds tracked
22,000
Total Jobs Cut
November 2022
Most Recent
11,000
Largest Single Layoff
No
AI Cited
Layoff Timeline
November 2022
11,000 jobs cut(13% of workforce)
Reason: Post-pandemic advertising slowdown; metaverse pivot costs
November 2022
11,000 jobs cut(13% of workforce)
Reason: First-ever mass layoff; metaverse pivot costs; post-pandemic ad revenue decline
About Technology Layoffs
Other Technology Layoffs
Sources
TechCrunch
Post-pandemic advertising slowdown; metaverse pivot costs
Layoffs.fyi
First-ever mass layoff; metaverse pivot costs; post-pandemic ad revenue decline
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