Meta

Meta

Internet Content & Information Communication Services Menlo Park, CA, United States META (NMS)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact in a private way. The RL segment provides virtual, augmented, and mixed reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.

Stock Performance (90 Days)

Data through Nov 14, 2025
Layoff Events
Earnings Calls
Price updates on page refresh. Intraday quotes available during market hours (9:30 AM - 4:00 PM EST).

Layoff History

600 (3 sources) employees (0.8%*)
Nov 4, 2025
3 sources
Reason
Meta undertook a significant restructuring within its artificial intelligence division to streamline operations, enhance efficiency, and accelerate its ambitious AI development goals, particularly in large language models (LLMs) and superintelligence. This strategic shift was driven by internal conflicts over limited computing resources, a perceived lack of progress following the April release of Llama 4 models, and a desire to consolidate leadership under the new Chief AI Officer, Alexandr Wang. The layoffs aimed to reduce bureaucracy, flatten the organizational structure, and ensure greater agility in a highly competitive AI landscape.
Affected Departments
Artificial intelligence unitSuperintelligence LabsFundamental Artificial Intelligence Research unit (FAIR)AI product divisionAI infrastructure teams
Affected Locations
United States
3,600 (5 sources) employees (5.0%)
Jan 14, 2025
5 sources
Reason
Meta is implementing performance-based job cuts, targeting approximately 5% of its workforce, or around 3,600 employees. This decision, announced by CEO Mark Zuckerberg in an internal memo, aims to 'raise the bar on performance management' and 'move out low-performers faster' as the company prepares for an 'intense year' focused on strategic areas like artificial intelligence (AI) and smart glasses. The layoffs are part of Meta's broader goal to achieve 10% 'non-regrettable' attrition by the end of the current performance cycle. Additionally, the company is undergoing a transformation that includes ending its US fact-checking program and diversity, equity, and inclusion (DEI) initiatives, with plans to replace the vacated roles with new talent later in 2025.
Affected Locations
United StatesGlobal (non-US employees to be informed later)
Source: Meta announces 5% cuts in preparation for 'intense year' — read the internal memo View Source →

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