AM I NEXT? THE HANDWRITING is ON THE WALL AT meta/ FACEBOOK? (04/21/26)

Meta to carry out massive round of lay-offs, more than 15,000 employees face axe

In 2022 and 2023, the company eliminated around 21,000 jobs due to slowed growth and the excessive expansion that had occurred during the pandemic era.

Following Oracle, Meta—Facebook’s parent company—is now preparing for a major round of layoffs. In the coming days, the company is gearing up to let go of approximately 16,000 employees; of these, 8,000 could be shown the door as early as May 20. This information was reported by Reuters.

Meta is shifting its focus toward Artificial Intelligence (AI); consequently, as part of a new strategic realignment, the company will now lay off 16,000 employees. These layoffs will impact Meta’s workforce across the globe. [Source]

Meta’s first wave of layoffs set for May 20, 8,000 jobs targeted

Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, three sources familiar with the plans told Reuters.

The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.

The company is planning further layoffs in the second half of the year, the three sources said, although details of those cuts, including date and size, were not yet settled. Executives may adjust their plans as they observe developments in artificial intelligence capabilities, the sources added. Reuters reported last month that the company was planning to lay off 20% or more of its global workforce. [Source]

AM I NEXT? NO LOVE AT META

Menlo Park, California-based Meta, the iconic technology company that owns and operates several name-brand social media platforms and communication services, has allegedly floated a trial balloon suggesting that it intends to lay off over 20% of its workforce to ostensibly balance its big artificial intelligence spending plans this year.

Approximately 16,000 employees would be affected by a reduction-in-force of this magnitude.

Layoffs of this scale are not unknown, considering late 2022, when CEO Mark Zuckerberg announced Meta was cutting 11,000 jobs and paring back hiring as part of an expansive cost-trimming strategy, and the following year, the company laid off another 10,000 employees.

When confronted with the rumor, a company spokesperson replied, “This is a speculative report about theoretical approaches.”

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT MATCH GROUP (05/08/25)

MAY 8, 2025 — 325 EMPLOYEES

Match Group, the parent company of dating apps including Tinder, Hinge, and OKCupid, has announced a 13% reduction in its workforce, impacting 325 employees.

CEO Spencer Rascoff…

“In my first full quarter as CEO, we’ve moved quickly to reinvigorate the business and this quarter’s results show early traction,” said Spencer Rascoff, CEO of Match Group. “In just a few months, we’ve unlocked significant cross-company synergies, reorganized our largest business unit, accelerated product development, and brought greater focus and discipline to how we work. The organization is moving faster, aligned on sharper priorities, and beginning to deliver against the strategy we’ve put in place.”

Match Group announced a reorganization aimed at creating a more integrated, product-led company focused on accelerating innovation, improving execution, and delivering better outcomes for users. This shift supports Match Group’s commitment to leading the future of meaningful connection – one that’s more authentic, lower-pressure, and aligned with how people, especially Gen Z, choose to connect today.

Through these changes, Match Group is becoming a flatter, more nimble organization – with fewer layers, more empowered teams, and a clearer line of sight to execution. The company announced a planned 13% workforce reduction and centralized key functions – including select technology & data services, customer care and content moderation, media buying, and international go-to-market functions – to reduce duplication and unlock scale. These decisions reinforce a broader commitment to focus, speed, and long-term growth, positioning Match Group to deliver more impact with greater efficiency across its multi-brand portfolio.

“Match Group is the clear global leader in creating meaningful connections, and today’s changes will allow us to realize the full benefits of our scale. We are breaking down business silos, improving company-wide communication and collaboration, and unleashing efficiencies and innovation. The ultimate beneficiaries of these changes will be the tens of millions of users who rely on our apps to spark meaningful connections,” said Rascoff. “This is a critical first step toward improving user outcomes, which over time drives user growth, revenue expansion, and long-term shareholder value.”

AUGUST 21, 2024 — Original post…

Dallas, Texas-based Match Group, an American internet and technology company that owns and operates a portfolio of popular online dating services, including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, and other dating global brands, has announced plans to discontinue live-streaming services on its dating apps, and a 6% reduction in its workforce at the urging of activist investors, including Elliott Investment Management, Anson Funds Management and Starboard Value.

The reduction in force will impact approximately 138 employees.

According to a company statement, "We’re constantly optimizing our strategy and investment decisions to ensure they align with evolving user needs and preferences. As part of that approach, we’ve made the decision to exit live streaming services in our dating apps including Plenty of Fish®, and to sunset

Hyperconnect’s Hakuna app provides live streaming services primarily in Korea and Japan. These businesses lack scale in a competitive market and require substantial further investment, and we expect they will deliver margins below the Company’s desired level.

While this decision will result in the loss of approximately $60 million of annual Total Revenue, we’re confident it will be margin and growth-enhancing to the Company over the medium term and will allow us to focus on our businesses where we have proven advantages. We expect that exiting these live-streaming services, along with other ongoing initiatives across the portfolio, will result in total workforce reductions of approximately 6% globally, which we expect to result in annual cost savings of approximately $13 million in addition to our previously disclosed expected cost savings from platform consolidation."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall; why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?