Facebook Layoffs 2022, How Many Employees Does Facebook Have?

Q: 3. Who is the CEO of the Facebook?

The CEO of this company isMark Zuckerberg

Facebook Layoffs 2022: Facebook is an online social media platform, which is owned by the American company Meta Platforms. Facebook is available in nearly 112 languages. Most of the corporate has decided to layoffs their employees, so all we have to know is about Facebook Layoffs 2022. To know more about Facebook Layoffs 2022, read the content given below

by Durga K | Updated Nov 16, 2022

Source: Facebook

Facebook

Facebook is a social networking app available in 112 languages. It was founded on 4th February 2004, and Meta Platforms own it. Mark Zuckerberg and Eduardo Saverin found it, and the CEO of this company is Mark Zuckerberg. As per the recent update, its users have been raised by nearly 2.94 billion as monthly active users. Recently Facebook changed its name to Facebook to Meta, and it has changed its logo.

Facebook Layoffs 2022

As per indiatoday, CEO Mark Zuckerberg emailed all his employees that he is firing 13 % of staff globally, which is nearly 11000 people. Among these thousands are many Indians has the mass layoffs they got so impacted. In addition, Twitter has also decided to fire thousands of employees. As per nyitmes, Mr. Zuckerberg attributed on Wednesday to growing too quickly. For example, during this pandemic, a surge in online commerce led to a significant spike in revenue. In addition, Zuckerberg said that the shift would be permanent, significantly increasing spending.

How Many Employees Does Facebook Have?

As per macrotrends.net, the employees. On Facebook, are,

Years	Employees
2021	71,970
2020	58,604
2019	44,942
2018	35,587
2017	25,105
2016	17,048
2015	12,691
2014	9,199
2013	6,337
2012	4,619
2011	3,200

Facebook Laying Off Employees

Meta operates Facebook, Instagram, and WhatsApp; since it has decided to cut 13% of its workforce, and 11,000 jobs, it seeks to scale back expenses and transform its business into a more competitive digital advertising market. The statement given by the Meta was,

“I want to say up front that I take full responsibility for this decision… And it was, you know, one of the hardest calls that I’ve had to make in nearly 10 years of running the company.”

Meta Number Of Employees

Meta has nearly 87,000 these employees; the organization has decided to lay off 11,000 employees and will leave Meta as soon as possible. As Meta was the trade name of this Facebook till 2021, it was its old name, and in 2022, the name was changed to Meta as its trade name. As per the recent update, its revenue is nearly US $ 117.929 billion, its net income is US $39.370 billion, its total assets are US $165.987, and its total equity has decreased to US $124.879 billion.

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Facebook Layoffs 2022 - FAQs

1. How many employees did Facebook Layoffs in 2022?

CEO Mark Zuckerberg emailed all his employees that he is firing 13 % of staff globally, which is nearly 11000 people.

2. Who founded Facebook?

It is founded by Mark Zuckerberg and Eduardo Saverin.

3. Who is the CEO of the Facebook?

The CEO of this company is Mark Zuckerberg

4. How many employees are working at Meta?

Meta has nearly 87,000 these employees.