Meta has confirmed global job losses will hit the UK’s 5,000-strong workforce as the owner of Facebook and Instagram announced 11,000 layoffs worldwide with 1,000 tipped to go in Ireland.
Mark Zuckerberg, 38, apologised for ‘getting it wrong’ after employees were informed about the cuts in a company-wide email at 11am on Wednesday.
In a message to Meta employees, Zuckerberg said that he had decided to reduce the size of the team by about 13 per cent, which could mean there will be 650 job losses in the UK.
Facebook’s UK employee headcount swelled from 3,745 in 2020 to 5,148 in 2021, with the vast majority based in London.
Meta said it would pay 16 weeks of base pay to those affected in the US plus two additional weeks for every year of service as a part of the severance package and all remaining paid time off.
The company said that the arrangements would be similar elsewhere, though it was…
