Meta Platforms begins to shed headcount in Ireland - report
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Meta Platforms is beginning to shed headcount in Ireland, with a number of contractor layoffs expected in coming weeks, The Sunday Times reports.
A large chunk of the company's 6,000 Ireland staffers are on contract.
The company already cut 30-35 jobs tied to the shutdown of cryptocurrency project Novi, but a larger number of job cuts is ahead, according to the report.
That includes junior recruiters, where up to 100 jobs could be at risk - and the company is believed not to have renewed contracts of agency staff.
In the summer, Meta made headlines for the decision to slash engineer hiring by 30% and "turn up the heat" on existing hires in the area.