Meta considers voluntary exits for about 100 employees in France

Technology · First reported 5 Nov, 08:33 · Updated 19:40

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Meta is reportedly considering a voluntary departure scheme that could affect around 100 of its roughly 300 employees in France. The proposed package includes pay based on service, paid mobility leave and career support; the roles covered and the number of employees who may leave have not been disclosed.

A report by French publication La Lettre says Meta is considering a voluntary exit scheme for around 100 of its 300 employees in France; the affected roles have not been specified.
The proposed process is a French collective contractual termination scheme, or RCC, which allows companies to negotiate voluntary workforce reductions with trade unions.
Reported terms include severance equal to 2.15 months of salary per year of service and 10 months of mobility leave at 80% of gross salary.
The reports describe additional support for employees pursuing training, a career change or starting a business; the number who will take the offer is not known.
The Financial Express reports that applications were due November 5 and says it is unclear whether Meta will introduce similar schemes elsewhere.
Meta’s reported proposal comes amid company restructuring and increased AI investment; the articles also describe voluntary-exit programmes at Google and Microsoft.

Summary written by Lux AI from 3 articles

Key facts

Potentially affected: Around 100 of Meta’s 300 employees in France, according to the report.
Reported severance: 2.15 months of salary for each year of service.
Mobility leave: 10 months at 80% of gross salary, according to the report.
Application deadline: November 5, as reported by The Financial Express.