Meta Announces 10% Workforce Reduction Starting May 20, Employees Face Extended Uncertainty
Introduction
Meta Platforms Inc. told its employees on Thursday that it plans to reduce its workforce by about 10%, starting on May 20. The announcement came from an internal memo by Chief People Officer Janelle Gale, which also said the company would close around 6,000 open positions. Meta explained that the layoffs are necessary to improve efficiency and pay for other investments.
Main Body
In the memo, Gale stated that the company had to announce the decision earlier than planned because of leaks. The layoffs will affect roughly 8,000 employees. She acknowledged that the resulting uncertainty over the next month is 'incredibly unsettling.' The company did not give further comments. On Meta's internal forums and the anonymous app Blind, employees reacted with questions, concerns, and dark humor. One post called the waiting period '28 days of hell.' Some employees expressed relief that leadership had finally confirmed the widely expected cuts, whereas others reported increased pressure to show their value in the coming weeks. One employee noted that they always assume they are at risk of layoff and will continue working as usual. Another expressed anxiety about keeping their job, recalling previous rounds since 2022 and expecting more work for remaining staff. Furthermore, the memo outlined a severance package for affected US employees: 16 weeks of base pay plus an additional two weeks for each year of service. The company will also cover COBRA health insurance premiums for 18 months. Packages for employees outside the US will be similar but adjusted according to local laws. Career services and immigration support will be provided. Gale noted that more details would be shared before May 20. In response to internal questions, Gale clarified that employees who are let go before August 15 will not receive the stock vesting scheduled for that date, although some may still be employed through that date depending on location. She also stated that travel will not be restricted company-wide, but individual vice presidents will give team-specific guidance. Some employees questioned why the company did not offer voluntary buyouts, contrasting this with practices at Microsoft and Google.
Conclusion
The layoff announcement has started a month-long period of uncertainty for Meta employees until the cuts are carried out. The company has provided details on severance and support, but the long wait has caused anxiety and speculation among staff about which teams and individuals will be affected.