By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Meta Trims Workforce in Strategic Shuffle
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
FAANG

Meta Trims Workforce in Strategic Shuffle

Nicole Kristine Jovero
Last updated: October 23, 2024 1:36 am
Nicole Kristine Jovero
Share
1 Min Read
SHARE
  • Meta conducts layoffs across teams
  • High-profile employees affected
  • Company offers reassignments or severance packages

Contents
Reorganization ripplesHigh-profile departuresSeverance or reassignment

Reorganization ripples

Meta has confirmed a new round of layoffs affecting multiple teams across the company. The tech giant frames these changes as part of a broader strategy to realign resources and optimize its location strategy.

High-profile departures

Among those affected is Jane Manchun Wong, a renowned software engineer hired for the Threads team in 2023.

Her departure, along others from Facebook, Reality Labs, Instagram, and WhatsApp teams, signals significant shifts within Meta’s structure.

Severance or reassignment

Some employees face tough choices: accept new positions under different contracts or opt for severance packages.

Reports suggest that affected staff may receive up to six weeks of severance pay. Meta declined to specify the exact number of impacted employees or departments involved.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Instagram’s New Trick: Digital Business Cards for the Gram
Next Article Love Bonito Cuts Staff, Adjusts Course in Challenging Market

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

AI

List of Jobs That Cannot Be Replaced by AI

February 12, 2024
VC

Philippine Car-Sharing Startup DOON Secures $1.5M Pre-Seed Funding

September 30, 2024
VC

Global’s Shleifer Steps Back After Challenging Investing Era

February 12, 2024
AICulture

AI “Influencers” Encroach on Creator Economy

February 17, 2024
e-CommerceFashion

Meesho Mania, India’s Social Commerce Juggernaut Raises $275M

May 17, 2024
VC

Mavcap Unveils Ambitious Plan to Boost VC Investments

April 5, 2024
AI

OpenAI Expands Advanced Voice Mode for ChatGPT

September 29, 2024
Social Media

YouTube’s Affiliate Marketing Program Faces Challenges in Attracting Creators

April 8, 2024
Crypto & Web3

Funding the Future: Korea Investment Partners’ $60 Million for SEA

February 12, 2024
Health-Tech

Thailand’s HD Ventures into AI with $5.6M Series A Funding

April 8, 2024
ClimateVC

EDP Renewables APAC Secures $95M Capital Injection

February 17, 2024
CreatorsStrategy

Sahil Bloom Shares 24 Simple Ways to Change Your Life in 2024

February 12, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?