• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Meta

Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles

By
Kali Hays
Kali Hays
Down Arrow Button Icon
By
Kali Hays
Kali Hays
Down Arrow Button Icon
October 17, 2024, 2:27 PM ET
Mark Zuckerberg at Meta Connect in 2024.
Mark Zuckerberg at Meta Connect in 2024.David Paul Morris—Bloomberg via Getty Images

Scores of Meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency” around resources and headcount.

Recommended Video

Around 100 people were impacted by the latest round of reorganizations and a related reallocation of some resources inside Meta, three people with knowledge of the company told Coins2Day. Such changes and related incremental cuts to teams have been frequent at Meta this year, as CEO Mark Zuckerberg sticks to his vow that 2023’s “year of efficiency” would become a “permanent” part of how his company operates going forward. A handful of workers at Instagram and Messenger were cut earlier this year amid other team reorganizations and the elimination of certain job titles.

This week’s cuts mark at least the third time this year that incremental layoffs occurred at Meta. This time, it mostly impacted people working in Instagram, Facebook, and Reality Labs, according to the people familiar. Many of those affected were software engineers whose specific roles were eliminated, but some jobs in monetization were also cut. The Verge first reported that layoffs occurred at Meta, although none of the specifics have been reported.

Most of the people impacted received several weeks of advance notice that their roles were being either eliminated or moved to a new team or location, and were allowed to apply internally for other jobs made available to them. Some were successful. Some were not. Others accepted four months of severance in advance instead of going through that process, according to the people familiar.

The layoffs are separate from a disciplinary action Meta carried out last week that saw about 20 people in its Los Angeles office let go for improper use of GrubHub credits. The credits were given specifically for workers to buy meals while working at the office, but some were found to have used the credits for personal items or home delivery over the course of several months, as first reported by the FT.

Meta, which had 70,799 full-time employees at the end of its most recently reported quarter, cut tens of thousands of employees over the course of 2022 and 2023 in the wake of the pandemic. While the company has not had such mass layoffs in 2024, team-specific reorganizations this year have felt “constant,” one person told Coins2Day, noting that Reality Labs seems to go through a re-org “every few months.”

Another person said that while such changes have long been a part of Meta’s operation, a new push toward work on AI projects means more and more resources are being directed to AI and infrastructure teams. The company is also going through a process of “remapping” roles, deciding where the bulk of specific teams will be physically located given a three-day in-office work mandate that has caused some jobs to be moved or eliminated, the person said. 

“A few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” a Meta spokesperson told Coins2Day. “This includes moving some teams to different locations, and moving some employees to different roles. In situations like this when a role is eliminated, we work hard to find other opportunities for impacted employees.”

However, not all of the people laid off were given such notice, two sources told Coins2Day. Several people were “surprised” by emails that hit their inboxes this week explaining that their last day of work would be this Friday because their role had been eliminated. “Everyone was not treated the same in this,” one of the people said.

Several laid-off employees were in their jobs for one year or less, according to two of the sources. Jane Manchu Wong, who gained online notoriety for reverse-engineering incoming features for social media platforms before they were announced, joined Meta last year to work on its newest platform, Threads. However, she moved this year to a team within Instagram that was impacted by this round of layoffs. Wong posted that she was impacted by the cuts on Threads. However, no one working on the Threads team was laid off.

Despite the incremental nature of this recent round of layoffs, workers within Meta are expecting more such cuts, either later this year or early next year. Although the company is hiring more, headcount is being kept “very tight,” the person said, and performance reviews are tougher than ever.

Are you a Meta employee or someone with insight or a tip to share? Contact Kali Hays securely through Signal at +1-949-280-0267 or at [email protected].

Join us at the Coins2Day Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Kali Hays
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs
By Sydney LakeJanuary 23, 2026
3 days ago
placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeJanuary 23, 2026
3 days ago
placeholder alt text
Personal Finance
Sweden abolished its wealth tax 20 years ago. Then it became a 'paradise for the super-rich'
By Miranda Sheild Johansson and The ConversationJanuary 22, 2026
4 days ago
placeholder alt text
Success
Nvidia CEO Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked because someone needs to build all these new AI centers
By Preston ForeJanuary 21, 2026
5 days ago
placeholder alt text
C-Suite
Jamie Dimon’s reality check for ambitious workers: ‘There’s going to be a grunt part to every part of a job. Get over it’
By Jake AngeloJanuary 23, 2026
3 days ago
placeholder alt text
Success
The CEO of a $2 billion healthcare firm only felt rich after he paid off $100K in student loans—but that joy ‘disappeared’ in less than 3 days
By Emma BurleighJanuary 25, 2026
1 day ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

U.S. President Donald Trump
Politicsgovernment shutdown
Government shutdown odds hit 79% as Capitol Hill fractures over Minnesota shooting
By Eleanor PringleJanuary 26, 2026
10 minutes ago
NewslettersCoins2Day Tech
Meta abruptly halts teen access to its AI characters
By Alexei OreskovicJanuary 26, 2026
29 minutes ago
NewslettersCEO Daily
CEOs, long silent on Trump’s immigration crackdown, seem to hit their breaking point over killing of Alex Pretti in Minnesota
By Diane BradyJanuary 26, 2026
1 hour ago
Arts & EntertainmentGen Z
The $1,000 night out: Authentic Live is all-in on Gen Z’s obsession with the experience economy, hosting events with celebrities in tentpole moments
By Sydney LakeJanuary 26, 2026
2 hours ago
Personal Financemortgages
Current mortgage rates report for Jan. 26, 2026: Rates steady ahead of Fed meeting
By Glen Luke FlanaganJanuary 26, 2026
4 hours ago
Personal FinanceReal Estate
Current ARM mortgage rates report for Jan. 26, 2026
By Glen Luke FlanaganJanuary 26, 2026
4 hours ago