Thread regarding Meta / Facebook layoffs

I don't buy the 12k rumors

I understand we'll have layoffs and I understand it will be major, but 12k? That's too many. I don't think Meta can get rid of so many people and still continue to function as is. My best guess, considering the little real information we have so far, is it will be anywhere between 2k and 5k.

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Post ID: @OP+1j5IWuNG

8 replies (most recent on top)

I don't buy the 12k rumors

Do you buy into the 12K rumors now?? (after the earnings announcement). 12K sounds light at this point.

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Post ID: @llfh+1j5IWuNG

https://www.businessinsider.in/tech/news/12000-facebook-employees-15-of-its-workforce-may-lose-jobs-amid-quiet-layoffs-report/articleshow/94676235.cms

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Post ID: @3jez+1j5IWuNG

@OP your post is funny. I'm thinking meta employees are about to have a healthy helping of humble soup. Bubble is over.

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Post ID: @1izm+1j5IWuNG

memo to meta employees: if you think this 12k is the end of it, you have a lot to learn.

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Post ID: @1maj+1j5IWuNG

OP: yes 12k seems unrealistic. Should be 24k...

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Post ID: @1tqd+1j5IWuNG

Realistically Meta does not need more than 40k employee count. 20-30k should be let go..

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Post ID: @nmv+1j5IWuNG

Reconstruction and focusing on the key business is unavoidable. You can not keep hiring 80k staff and making the universe without tangible goals. Keep the blue page running does not even need 20k staff.

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Post ID: @bbh+1j5IWuNG

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