Meta Terminates Employees for Misusing Meal Credits
Meta, the parent company of Facebook, Instagram, and WhatsApp, recently terminated around two dozen employees. These employees misused company meal credits intended for food, purchasing items like laundry detergent, wine glasses, and acne treatment pads. This internal issue was confirmed by a source close to the company.
Meal Credits: Intended Purpose Misused
Meta provides meal vouchers to employees at smaller offices without on-site food services. Employees receive $20 for breakfast and $25 each for lunch and dinner. These credits are meant for meals during work hours. However, some employees in Meta’s Los Angeles office used these funds improperly, including ordering meals to their homes.
Internal Investigation Leads to Terminations
Following an internal investigation, Meta identified the misuse of meal credits by certain employees. This led to their termination last week. These cuts were first reported by the Financial Times, and the company has since confirmed the dismissals.
Broader Layoffs Across Meta
Meta’s recent terminations in Los Angeles are part of larger organizational changes. The company has been restructuring across its platforms, including Instagram, WhatsApp, Facebook, and Reality Labs, which focuses on virtual reality. Meta continues to adjust resources and align teams with long-term strategic goals. However, the company has not disclosed the exact number of employees affected.
In 2023, Meta already laid off over 20,000 employees in various rounds of cuts, all aimed at improving efficiency after facing revenue declines. This restructuring has led to significant gains in Meta’s stock price, with shares up nearly 80% compared to last year.
So, Meta terminates employees
Meta’s decision to terminate employees for misusing meal credits underscores the company’s commitment to maintaining integrity. As Meta continues to restructure and streamline its operations, it remains focused on long-term growth and efficiency.
