Layoffs in META: Indications that Indians will be hit the hardest
Dublin: Indian workers are expected to be among the biggest losers as around 490 jobs are cut at Meta’s Irish unit. Indian workers have received the most work permits at Meta’s Irish unit in recent years.
While the layoffs affect teams like finance, sales, marketing, analytics, operations, engineering, and more, the number of Indians working in all these fields is high.
The parent company of Facebook, Instagram, and WhatsApp has officially announced the layoffs and started a collective bargaining process.
The final number of redundancies will not be known until negotiations are completed, but Meta has informed the government that it expects to cut approximately 490 positions.
These 490 jobs are for Meta employees who are working full-time in Ireland and are not contract workers.
The company’s Ireland division currently employs approximately 2,500 people. Around 320 people lost their jobs at Meta’s Irish operations in November. Following that is the current layoff.
Meta’s overall presence in Ireland will remain unchanged as a result of today’s announcement.
The layoffs are part of Meta CEO Mark Zuckerberg’s March announcement of global job cuts, which he said would reduce the company’s workforce by approximately 10,000 people.
Prime Minister Leo Varadkar said the government would work with the company to ensure decent severance packages were offered and that more people were working in the tech sector this year than last.
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