Meta: HR News, Trends & Workplace Insights

Latest Meta HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Meta.

Updated on: Nov 2022
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Mark Zuckerberg-led Meta begins layoffs today
Layoffs

Mark Zuckerberg-led Meta begins layoffs today

According to the Wall Street Journal reports Mark Zuckerberg-led Meta begins layoffs on Wednesday morning which will affect thousands of employees. According to reports, Meta’s head of human resources, Lori Goler, said “Employees who lose their jobs will be provided with at least four months of salary as severance, the WSJ reported, citing people familiar […]

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Meta planning massive layoffs this week: report
Layoffs

Meta planning massive layoffs this week: report

The social media and technology company, Meta is planning to lay off thousands of employees this week. However, the exact number of people to be fired is still unclear. Facebook-parent, Meta will become the latest tech firm to scale back its workforce. Most recently, Twitter laid off thousands of its employees across the globe. The […]

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Meta slashes hiring plans in 2022
Industry

Meta slashes hiring plans in 2022

The social media and technology company, Meta Platforms (META) CEO Mark Zuckerberg informed the employees that the company has cut plans to hire engineers by at least 30% this year. The company has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, […]

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Airbnb, Accenture, Spotify, and a few more companies are leaving Russia
Industry

Airbnb, Accenture, Spotify, and a few more companies are leaving Russia

According to Barrons report, Airbnb late Thursday said it would suspend its operations in Russia and Belarus. The home-rental company joins Volkswagen, Accenture, and Spotify as the latest Western companies to suspend operations in Russia following President Vladimir Putin’s invasion of Ukraine. Brian Chesky, chief executive of Airbnb, announced his company’s suspension of operations in Russia via a tweet late Thursday. Volkswagen, the German car manufacturer, announced […]

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Meta appoints Tony Xu as a board member
C-Suite Move

Meta appoints Tony Xu as a board member

Meta has announced that Tony Xu, co-founder, and CEO of DoorDash, Inc., has been elected to the company’s board of directors, effective immediately. Mark Zuckerberg, founder, and CEO of Meta, said, “Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses.” […]

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