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Meta streamlines workforce with targeted job reductions
Meta has initiated a strategic workforce reduction, eliminating approximately 3,600 positions globally through what the company terms "performance terminations." U.S.-based employees received initial notifications on Monday morning, Forbes reports.
The reduction impacts 5% of Meta's total workforce and will be implemented gradually over several days, as the company intensifies its focus on artificial intelligence capabilities.
Employees across Europe, Asia, and Africa will receive notifications in upcoming weeks. Due to local labor laws, operations in Germany, France, Italy, and the Netherlands will not be affected by these cuts, according to Reuters.
Mark Zuckerberg, Meta's CEO, previously detailed the company's approach to retain high-performing talent while reducing underperforming positions. This latest action continues Meta's organizational restructuring, which began with significant staff reductions in 2022 and 2023.
Despite the ongoing reductions, Meta maintains active recruitment for machine learning and engineering positions. An internal communication from Peng Fan, VP of Engineering for Monetization, outlined plans to increase hiring in these areas between February 11 and March 13.
This realignment emphasizes Meta's investment in advanced technologies. Zuckerberg has identified smart glasses and the evolution of social media platforms as central to the company's direction.
The announcement follows Microsoft's recent reduction of 1,900 positions in its gaming division following the Activision Blizzard acquisition.
Both technology companies are refining their hiring approaches, moving from broad-based expansion to focused recruitment in strategic sectors.
These latest staffing adjustments at Meta reflect broader shifts in Silicon Valley as technology companies balance operational efficiency with technological advancement.