Meta Ireland Is Set To Lose Approximately 490 Jobs

(CTN News) – As a result of Meta’s Irish restructuring, approximately 490 jobs are expected to be lost.

In addition to the redundancies, a number of teams will be affected in the organization, including those in finance, sales, marketing, analytics, operations, and engineering.

It was today that the employees at the parent company of Facebook, Instagram, and WhatsApp were informed of the job cuts and a process of collective consultation will be put into place.

Meta has informed the Government that it expects approximately 490 of the roles to be cut as part of the restructuring process, although the final number of redundancies won’t be known until after the restructuring process has been completed.

Meta employs a total of 450 full-time employees in Ireland, not including contract workers who work for Meta.

There were around 300 job losses at Meta’s Irish operation in November and the company currently employs around 2,600 people in the country.

Meta’s overall presence in Ireland, where it will continue to have its international headquarters, will not change as a result of today’s announcement, so the country will remain as base of operations.

Redundancies are a part of a global job cut announcement made by CEO Mark Zuckerberg in March, in which he announced that the company would reduce its workforce by approximately 10,000 people as a result of the cuts.

As he addressed the Dáil, the Taoiseach described the job losses as significant and expressed his sympathies to the affected employees and their families.

Deputy Varadkar stated that the government will engage with the company to ensure that decent redundancy packages are provided, and added that there are now more people working in the technology sector than there were last year.

According to Ivana Bacik, leader of the Labor Party, “there needs to be a rebalancing of power between workers and corporations” due to the layoffs at Meta, which is “distressing news for so many people.”.

In March, Meta announced that layoffs would affect members of the company’s recruitment division immediately, and the company’s tech and business groups would be impacted in late April and late May, respectively.

In March, Meta’s recruitment division layoffs led to the loss of approximately 50 jobs in Ireland, and April’s announcement of the company’s tech groups resulted in less than 20 job losses from Meta’s Irish-based data center staff.

Zuckerberg has declared 2023 the ‘Year of Efficiency’ and pledged to make Meta a leaner and more technology-driven organization.

It will be tough, and there is no way around that,” he wrote in a memo to staff during the announcement of the layoffs in March.

“It will mean saying goodbye to talented and passionate colleagues who have contributed to our success. They have dedicated themselves to our mission, and I personally appreciate all they’ve done.

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