Business & Tech
Facebook Laying Off 871 Workers In NYC: Notice
Three offices will see cuts, including one in a Midtown building where Facebook signed a much-ballyhooed lease in 2020, a notice states.
NEW YORK CITY — Another tech giant is laying off hundreds of workers in New York City.
Facebook's parent company Meta plans to lay off 871 employees at three Manhattan offices, according to a layoff notice filed last week with the state.
The offices include one within the James A. Farley building, a prominent edifice near Penn Station where Facebook executives signed a 2020 lease that former Mayor Bill de Blasio hailed as the first major lease of the coronavirus pandemic.
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But Facebook's business has apparently taken a turn since then.
"Reason for dislocation: economic," the layoff notice for New York City states.
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Facebook's representatives didn't return a request for comment as of publication.
CEO Mark Zuckerberg last week announced that Meta will lay off 11,000 people, or about 13 percent of its workforce.
In a letter to employees, he wrote that he expanded the company as COVID-19 shutdowns appeared to herald permanent shifts in e-commerce.
"Unfortunately, this did not play out the way I expected," he wrote.
The job cuts at Meta came shortly after widespread layoffs at Twitter under that social media company's owner, billionaire Elon Musk.
The Twitter cuts also affected workers in New York City — 418 employees will be let go from the company's Chelsea office, according to a layoff notice.
Facebook's layoffs will unfold within these office, according to the notice:
- 225 Park Ave.
- 770 Broadway
- 372 Ninth Ave.
The Ninth Avenue address is within the Farley Building, which served as a United States Postal Service office for decades and famously bears the words of the service's "neither snow nor rain..." slogan.
Vornado Realty Trust had long searched for a tenant within the building's office spaces and landed a giant with Facebook in 2020. The lease would bring Facebook's total employees within the city to 10,000, officials said at the time.
Vornado representatives didn't return a request for comment as of publication.
The separations for Meta employees will begin Feb. 10, 2023, the notice states.
The Associated Press contributed to this report.
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