Meta has started performance-based layoffs affecting 5% of its 72,000-person workforce or around 3,600 global employees.
Laid-off U.S.-based Meta employees were notified on Monday, February 10 at 5 a.m. PT via an email sent to their work and personal email addresses. Employees in Europe and Asia were notified the day prior.
The Information reports that laid-off employees lost access to Meta’s internal systems within an hour and learned about their severance packages via email. Two sources told Business Insider that U.S. workers received a severance package that includes 16 weeks of pay, plus two weeks for each year at the company. The package is identical to the one received by Google
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