Meta to Cut 5% of Jobs Citing 'Intense Year'

Meta to Cut 5% of Jobs Citing 'Intense Year'
Above: Meta and Facebook logos are seen on screens on Jan. 8, 2025. Image copyright: Ezra Acayan/Stringer/Getty Images News via Getty Images

The Spin

Narrative A

Cutbacks on the basis of performance reviews are not uncommon in the US, and Meta's decision was to be expected given other recent changes at the company. This is mostly business as usual.

Narrative B

Those in the tech industry who were hoping to see a brighter start to 2025 are quickly learning that's not going to be the reality. Not only is Meta slashing jobs, but other tech giants including Microsoft have announced that cutbacks are coming.

Metaculus Prediction


Public Figures


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