Meta layoff drive reaches India, dozens of employees have been impacted.
Meta layoff drive reaches India, dozens of employees have been impacted.Meta has reportedly laid off dozens of employees in India across ad sales, marketing, and contributing roles. The report comes amid its recent layoff drive, which is said to affect 10% of its global workforce amid restructuring plans to focus more on its artificial intelligence (AI) efforts. Globally, over 8000 employees have been impacted as the company continues to streamline operations and reallocate resources toward AI-driven priorities and long-term growth areas.
Economic Times quoted an unnamed executive who said, “Similar to the global layoffs, the impacted employees received cold emails, and have been offered four to six months’ salary as severance.” Reports suggest that many employees globally received a 4 AM email announcing that their role has been terminated.
The email sent by a Meta executive said, "From today through [redacted] (your "Termination Date"), you are in a 'non-working notice period." During this time, your internal access will be removed, and you do not need to do any additional work for Meta." However, its unsure if a similar email was shared with employees in India as well. The mail also provided details of employee severance pay, visas, and system access.
Chief People Officer Janelle told employees that Meta is planning to create smaller and flatter teams, and that it's shifting resources toward AI initiatives. As part of restructuring, Meta also shifted about 7000 employees to AI projects to accelerate the development of generative AI, automation tools, and digital products across its platforms.
In terms of severance, global employees will reportedly get 16 weeks or four months of base pay and an additional pay for two weeks for every year of continuous employment. Meta is also offering medical insurance of up to 18 months, and it's stated that other countries may get similar pay based on the laws.
Business Today has reached out to Meta to get greater clarity on the number of employees and teams impacted in India. We will update the story once we get a statement.
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