Meta

Technology
United States1 layoff round tracked
11,000

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: First-ever mass layoff; metaverse pivot costs; post-pandemic ad revenue decline

Source: Layoffs.fyi

About Technology Layoffs

4,976,291

Total industry layoffs

46%

AI-cited events

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Other Technology Layoffs

Meta

27 rounds

569,300 jobs
Technology

6 rounds

434,000 jobs
Global Tech

4 rounds

333,000 jobs
Various Tech Companies

3 rounds

300,000 jobs
Uber

2 rounds

299,870 jobs

Sources

Layoffs.fyi

First-ever mass layoff; metaverse pivot costs; post-pandemic ad revenue decline

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