Saudi Press

Saudi Arabia and the world
Saturday, Aug 02, 2025

Meta To Start Another Round Of Layoffs Next Week: Report

Meta To Start Another Round Of Layoffs Next Week: Report

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.
Facebook-parent Meta Platforms has said that it will be conducting another round of layoffs just two months after it let go 10,000 employees, as per a report in Vox News. This was communicated to the staff by the company's executives in a Q&A with employees on Thursday.

Meta's President of Global Affairs Nick Clegg said during the company meeting, "The third wave is going to happen next week. That affects everybody in the biz teams, including in my orgs. It's just a time of great anxiety and uncertainty. ... I wish I could have some easy way of providing solace or comfort. It is uncertain. And actually it's really increased my admiration for the way that everyone - notwithstanding that uncertainty - you're just displaying such resilience and professionalism."

The executive said that the layoffs "will follow a similar process" to the job cuts that took place in April. The Head of People Meta will send a note to staff members the afternoon before layoffs take place with information about when the process will start and which teams will be impacted. Further, Employees impacted by the job cuts will then be notified and then information will be sent to non-impacted employees. According to Mr Clegg, the company will request that any employee "whose job allows" should work from home, as per Vox News.

Melinda Davenport, the Director of Internal Communications at Meta, addressed the staff members before the executives took questions. "Real talk: We are still going through our layoffs and restructuring that you've heard all of our senior leaders mention. And while I know that it's a tough and tricky situation, we're going to try to answer all the questions that you may have." Ms Davenport added that the company "may not have all the answers that you're searching for" but the company is trying their best.

As per the outlet, several employees questioned whether there will be more layoffs in the future. To this, the Chief Technology Officer Andrew "Boz" Bosworth stated that they "don't have anything planned". He said, "The plan is to continue as we have done for a long time as a company and go forth and build and grow."

"I can't tell you if the revenue tanks and the economy tanks or costs go up for some reason or some kind of thing happens. You know, I can't know the future," he concluded.

It is to be noted that the company has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals. To achieve the same, it is flattening the organisation, cancelling lower priority projects and slowing hiring. As per Reuters,
Meta has struggled with a "post-pandemic slump" in advertising spending from companies facing high inflation and rising interest rates.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
×