Meta will reportedly cut thousands of employees this week in its latest round of mass layoffs. Executives at the tech conglomerate shared the news with workers at a company-wide Q&A on Thursday.
What’s happening: Meta’s third wave of layoffs coincide with CEO Mark Zuckerberg’s previous announcement that an additional round of cuts would occur sometime in May.
- The job losses will affect Meta’s business departments, including content moderation positions.
- As many as 6,000 employees could lose their jobs.
- Meta will send a note to employees the afternoon before the layoffs happen, informing them when the process will start and which teams will be impacted.
- All employees will be asked to work from home during the process.
- Meta spokespeople are declining to comment on the news.
What they’re saying: Meta president of global affairs Nick Clegg told the May 18 meeting that “the third wave is going to happen next week,” according to a recording obtained by Vox.
- “It’s just a time of great anxiety and uncertainty,” said Clegg.
- “I wish I could have some easy way of providing solace or comfort. It is uncertain.”
- “You’re just displaying such resilience and professionalism,” Clegg told employees.
Impact on Canadian staff
It is unclear at this time how many Canadian employees at Meta will be affected by the latest round of layoffs, but it is likely that some will be impacted.
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