Meta preparing to make major cuts to workforce

Facebook's parent company's planned cuts could affect thousands.
Meta preparing to make major cuts to workforce

Fiachra Gallagher

Meta, the company that operates Facebook, Instagram and Whatsapp, is preparing to dramatically cut its workforce, becoming the latest tech giant to shrink its staff roster in recent weeks after Twitter and Stripe.

The Wall Street Journal reported on Sunday that the cuts are expected to affect many thousands of employees. The cuts could be announced as soon as Wednesday.

Meta employs thousands of people in Ireland, including 3,000 based in Dublin.

An additional 6,000 people are employed at operations across multiple sites including Meta’s international headquarters in Dublin, Clonee data centre in Co Meath and Reality Labs in Cork.

The news comes days after Twitter announced it would cut its workforce by half.

Twitter employs around 500 people at its European headquarters at their Cumberland Place office in Dublin.

Earlier this week, Taoiseach Micheál Martin criticised the way in which staff were let go at Twitter, saying that it was “not acceptable” and was “fairly unprecedented”.

“We are concerned, and our concern is there for the employees of Twitter,” the Taoiseach told reporters in Co Tipperary.

The cuts come as part of tech billionaire Elon Musk’s dramatic takeover of the social media giant.

“There seems to be a fairly unprecedented approach being adopted here to a global workforce and that’s manifesting itself in Ireland.

“What I would say is no matter who you are or what sector you are in, one must always treat people with dignity and respect, and the employees at Twitter deserve to be treated with respect.”

More in this section

Three men (30s) arrested in connection with assaults in Co Cavan Three men (30s) arrested in connection with assaults in Co Cavan
GP surgery stock Wicklow GP suspended over prescribing of large quantities of controlled drugs to patients
Fleadh visitor numbers to Belfast expected pass one million by Friday Fleadh visitor numbers to Belfast expected pass one million by Friday

Sponsored Content

Keeping their house in order: How PSRA regulation has raised the bar for Ireland’s property services sector Keeping their house in order: How PSRA regulation has raised the bar for Ireland’s property services sector
"My master's at UL taught me that structured learning and a demanding career can coexist" "My master's at UL taught me that structured learning and a demanding career can coexist"
Three days of steam, music and heritage at the 62nd National Steam Rally Three days of steam, music and heritage at the 62nd National Steam Rally
Contact Us Cookie Policy Privacy Policy Terms and Conditions

© Examiner Echo Group Limited

Add Echolive.ie to your home screen - easy access to Cork news, views, sport and more