Meta CEO tells employees he does not expect more company-wide layoffs this year
Meta's Recent Restructuring and Workforce Changes
By Katie Paul
Internal Memo Details
NEW YORK, May 20 (Reuters) - Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.
Announcement Timing and Workforce Impact
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and transferring 7,000 other employees to new initiatives related to AI workflows.
Clarification on Future Layoffs
"I want to be clear that we do not expect other company-wide layoffs this year. I also want to acknowledge that we haven't been as clear as we aspire to be in our communication, and that's one area I want to make sure we improve," he said in the memo.
Employee Reactions and Company Response
Employees left comments on his post quoting the words "company-wide" and "expect."
"Things sometimes go 'unexpectedly,'" one person wrote.
A Meta spokesperson declined to comment on the update.
Broader Overhaul and AI Initiatives
The changes are part of a far-reaching overhaul taking place at Meta this year, as the company surges its AI investments in a bid to center AI agents in both its product offerings and its approach to work internally.
Scope of Layoffs and Transfers
In total, the layoffs and transfers announced this week are hitting about 20% of the company's workforce. Some of the transfers have already happened, while in other cases employees are being notified on Wednesday.
Previous Reports on Further Cuts
Reuters previously reported that Meta was planning additional deep cuts for later this year.
(Reporting by Katie Paul in New York; Editing by Chizu Nomiyama, Franklin Paul and Nia Williams)
