Meta Platforms had 74,067 full-time employees as of December 2024, down from 67317 people in 2023. As of December 2023, more than 262,000 employees at tech companies worldwide were laid off throughout the year across more than one thousand companies. Facebook: how it all beganIn 2003, a sophomore at named Mark Zuckerberg hacked into protected areas of the university's computer network in order to find photos of other students. He then would pair two of them next to each other on a program called “Facemash” and ask users to choose the more attractive person. At the beginning of 2004, Zuckerberg launched “The Facebook,” a social network dedicated to Harvard students, which later grew to encompass Columbia, Yale and Stanford. The popularity of this new service sky-rocketed and in mid-2004, Zuckerberg interrupted his studies and moved his operation to Palo Alto, California, in the heart of Silicon Valley. By 2006, Facebook was open to the general public. In 2020, the company reported almost 86 billion U.S. dollars in revenue and a net income of 29.15 billion US dollars. It is also the most popular social network in the world, with 2.7 billion monthly active users as of December 2020. Facebook employee diversity criticismLike many other tech companies, Facebook has been criticized for having a diversity problem. As of June 2020, tech positions, as well as management roles in U.S. offices were overwhelmingly occupied by men. Furthermore, almost 41 percent of Facebook employees in the U.S. are White and only 3.9 percent are African-American, which has sparked concern regarding representation and equal opportunities. Around 63.2 percent of senior level positions are occupied by White employees and only 4.3 percent by Hispanic-Americans.

In fiscal year 2024, the total number of employees at Meta Platforms was 74,067. The employee count increasedby 6,750 from 67,317 (in 2023) to 74,067 (in 2024). It represents a 10.03% year-over-year growth in employee count.

In 2022, 6.5 percent of Meta employees in the United States identified as Hispanic and 4.9 percent identified as Black. Asian employees accounted for over 46.5 percent of the overall workforce, whilst white employees made up 37.6 percent of Meta's workforce.

As of June 2022, 57.6 percent of employees in leadership roles at Meta were white, whilst 28.6 percent were Asian. Overall, 11.7 percent of employees in non-technical roles were Hispanic, and 11.2 percent were Black. Moreover, Asian employees accounted for the majority of employees in technical roles, making up 55.8 percent of employees in these positions.

Meta Financial is a public company headquartered in South Dakota with an estimated 1,134 employees. In the US, the company has a notable market share in at least one industry: Real Estate Loans & Collateralized Debt, where they account for an estimated 0.2% of total industry revenue.

This dataset is about companies and is filtered where the company is Meta, featuring 5 columns: CEO, CEO approval, CEO gender, city, and employees. The preview is ordered by revenues (descending).

In 2023, Amazon.com was the top-ranked internet company based on number of employees. The e-commerce giant reported a workforce of more than 1.52 million employees. Amazon has consistently topped the ranking as the online company with the biggest workforce, but the global COVID-19 pandemic has widened the gap as e-commerce has boomed since. During the same period, Meta (formerly Facebook Inc.) had a total of 67,317 full-time employees. Additionally, Google's parent company Alphabet had 183,323 full-time workers in 2024.

In March 2024, Threads generated around 28 million downloads worldwide. Meta Platforms released its X competitor Threads in July 2023. The app generated about 73 million app downloads within the first month of release. The text-based social platform was initially launched in 100 countries but was notable absent in the EU due to data protection regulations. On December 14, 2023, Threads was finally launched in the EU.

As of June 2022, only 37.1 percent of all global Meta Platforms employees were women. The majority of employees were male. Overall, women made up 25.8 percent of tech roles and 60.5 percent of non-tech roles.

During the fourth quarter of 2023, Meta stated that 3.98 billion people were using at least one of the company's core products (Facebook, WhatsApp, Instagram, or Messenger) each month. This was a slight increase of monthly active users (MAU) when compared to the previous quarter. Daily active users (DAU) of Meta's core products also saw year-over-year increases.

With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Apple, NVIDIA, Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2023, with a pre-tax income of nearly 250 billion U.S. dollars. How are market value and market capitalization determined? Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value. What are the top companies in the world? The answer to this question depends on the metric used. Although the largest company by market capitalization, Microsoft's global revenue did not manage to crack the top 20 companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.

As of March 2025, Elon Musk, the CEO of SpaceX, Tesla, and X (previously known as Twitter), was the richest person in the global tech industry with an estimated net worth of 312 billion U.S. dollars. Jeff Bezos, the founder of Amazon, followed with a net worth of 217 billion U.S. dollars. Elon Musk and Twitter/X On October 27th, 2022, Elon Musk bought the social network Twitter for around 44 billion U.S. dollars and became its CEO. Since Musk’s acquisition, the company has experienced some adjustments, including a name change to X and the option for users of becoming verified members for eight U.S. dollars per month. Moreover, there has been reports of increasing hate speech and the platform after Musk's takeover. Other tech billionaires and their companies Bill Gates, founder of Microsoft ranked 5th. Today, Microsoft develops consumer and enterprise software, services, and consumer electronics. In its 2023 financial year, Microsoft generated revenues of just under 212 billion U.S. dollars. By contrast, Mark Zuckerberg, the founder of Meta, ranked third. The company, previously known as Facebook, was rebranded in 2021 and its products include Facebook, Messenger, Instagram, and WhatsApp. Despite their wealth, these companies are not immune to the layoffs that have plagued the tech industry, which are affecting Meta and Amazon employees the most.

This is a collection of layers created by Tian Xie(Intern in DDP) in August, 2018. This collection includes Detroit Parcel Data(Parcel_collector), InfoUSA business data(BIZ_INFOUSA), and building data(Building). The building and business data have been edited by Tian during field research and have attached images.The original source for these layers are: Business Data: InfoUSA business database purchased by DDP in 2017Building Data: Detroit Building Footprint data Parcel Data: from Detroit Open Data Portal, download in May 2018.For field research by Tian, some fields have been added and some records in building and business have been edited. For business data, Tian confirmed most of public assessable businesses and deleted those which do not exist. Also, Tian add new Business to the business data if it did not exist on the record. For building data, Tian recorded the total business space for each building, not-empty business space, occupancy status, parking adjacency status, and took picture for every building in downtown Detroit. Detail field META DATA:InfoUSA Business OBJECTID_1 COMPANY_NA: company nameADDRESS: company addressCITY: citySTATE: stateZIP_CODE: zip codeMAILING_CA: source InfoUSAMAILING_DE source InfoUSALOCATION_A source InfoUSA: addressLOCATION_1 source InfoUSA: cityLOCATION_2 source InfoUSA: stateLOCATION_3 source InfoUSA: zip codeLOCATION_4source InfoUSALOCATION_5 source InfoUSACOUNTY: countyPHONE_NUMB: phone numberWEB_ADDRES: website addressLAST_NAME: contact last nameFIRST_NAME: contact first nameCONTACT_TI: contact type CONTACT_PR: CONTACT_GE: contact genderACTUAL_EMP: employee numberEMPLOYEE_S: employee number classACTUAL_SAL: actual sale SALES_VOLU: sales value PRIMARY_SI: primary sales valuePRIMARY_1: primary classificationSECONDARY_: secondary classification SECONDARY1SECONDAR_1SECONDAR_2CREDIT_ALP: credit level CREDIT_NUM: credit numberHEADQUARTE: headquarteYEAR_1ST_A: year openOFFICE_SIZ: office sizeSQUARE_FOO: square footFIRM_INDIV:PUBLIC_PRI Fleet_size FRANCHISE_ FRANCHISE1 INDUSTRY_SADSIZE_IN_METRO_AREA INFOUSA_ID LATITUDE: yLONGITUDE: xPARKING: parking adjacency NAICS_CODE: NAICS CODENAICS_DESC: NAICS DESCRIPTION parcelnum*: PARCEL NUMBER parcelobji* PARCEL OBJECT IDCHECK_* ACCESSIABLE* PUBLIC ACCESSIBILITYPROPMANAGER* PROPERTY MANAGERGlobalID Notes: field with * means it came from other source or field research done by Tian Xie in Aug, 2018BuildingOBJECTID_12 BUILDING_I: building idPARCEL_ID : parcel id BUILD_TYPE: building type CITY_ID：city id APN: parcel number RES_SQFT: Res square feet NONRES_SQF non-res square feetYEAR_BUILT: year built YEAR_DEMOHOUSING_UN: housing unitsSTORIES: # of stories MEDIAN_HGT: median height CONDITION: building condition HAS_CONDOS: has condos or not FLAG_SQFT: flag square feet FLAG_YEAR_: flag yearFLAG_CONDI: flag condition LOADD1: address number HIADD1 (type: esriFieldTypeInteger, alias: HIADD1, SQL Type: sqlTypeOther, nullable: true, editable: true)STREET1: street name LOADD2: HIADD2 (type: esriFieldTypeString, alias: HIADD2, SQL Type: sqlTypeOther, length: 80, nullable: true, editable: true)STREET2 (type: esriFieldTypeString, alias: STREET2, SQL Type: sqlTypeOther, length: 80, nullable: true, editable: true)ZIPCODE: zip code AKA: building name USE_LOCATOTEMP (type: esriFieldTypeString, alias: TEMP, SQL Type: sqlTypeOther, length: 80, nullable: true, editable: true)SPID (type: esriFieldTypeInteger, alias: SPID, SQL Type: sqlTypeOther, nullable: true, editable: true)Zone (type: esriFieldTypeString, alias: Zone, SQL Type: sqlTypeOther, length: 60, nullable: true, editable: true)F7_2SqMile (type: esriFieldTypeString, alias: F7_2SqMile, SQL Type: sqlTypeOther, length: 10, nullable: true, editable: true)Shape_Leng (type: esriFieldTypeDouble, alias: Shape_Leng, SQL Type: sqlTypeOther, nullable: true, editable: true)PARKING*: parking adjacency OCCUPANCY*: occupied or not BuildingType* : building type TotalBusinessSpace*: available business space in this buildingNonEmptySpace*: non-empty business space in this buildingCHECK_* FOLLOWUP*: need followup or notGlobalID*PropmMana*: property manager Notes: field with * means it came from other source or field research done by Tian Xie in Aug, 2018

More than 200 million businesses use Facebook globally. The goal of Meta’s quarterly Small Business Surveys is to learn about the unique perspectives, challenges and opportunities of small and medium-sized businesses (SMBs).

The Future of Business (FoB) Survey is conducted biannually in partnership with the World Bank and the Organisation for Economic Cooperation and Development (OECD) across nearly 100 countries. The target population consists of SMEs that have an active Facebook Business Page and include both newer and longer-standing businesses, spanning across a variety of sectors. Meta also conducts the Global State of Small Business (GSoSB) Survey bi-annually in partnership with various academic partners across approximately 30 countries. Similarly to the FoB Survey, the target population is active Facebook Page Administrators, but also includes the general population of Facebook users.

Survey questions for all surveys cover a range of topics depending on the survey wave such as business characteristics, challenges, financials and strategy in addition to custom modules related to regulation, gender inequity, access to finance, digital technologies, reduction in revenues, business closures, international trade, inflation, reduction of employees and challenges/needs of the business.

Aggregated country level data for each survey wave is available to the public on HDX and controlled access microdata is available to Data for Good at Meta partners. Please visit https://dataforgood.facebook.com/dfg/tools/future-of-business-survey to apply for access to microdata or contact dataforgood@fb.com for any questions.

As of January 2024, the tech startup with the most layoffs was Amazon, with over 27 thousand layoffs, across five separate rounds of layoffs. It was followed by Meta and Google with around 21 thousand and 12 thousand job cuts announced respectively.

Layoffs in in the technology industry

Overall, layoffs across all industries began in 2020 due to the outbreak of the coronavirus (COVID-19) pandemic, with tech layoffs increasing in 2022. In the first quarter of 2023 alone, more than 167 thousand employees had been fired worldwide, a record number of job cuts in a single quarter and more than all of the layoffs announced in 2022 combined, marking a harsh start to of 2023 for the tech sector. From retail to finance and education, all sectors are suffering from this widespread downsizing. However, retail tech startups were hit the most, with almost 29 thousand layoffs announced as of September 2023. Most job losses happened in the United States, where tech giants like Amazon, Meta, and Google are based.

Reasons behind increasing tech layoffs

Layoffs in the technology sector started with the COVID-19 pandemic in 2020 when entire cities were in lockdown and mobility was restricted. Although restrictions loosened up in 2021, events such as the Russia-Ukraine war, the downturn in Chinese production, and rising inflation had a significant impact on the tech industry and continue to represent major concerns for tech companies. As a consequence, companies across the world have yet to overcome all economic challenges, examples of which are rising material and labor costs, as well as decreasing profit margins. To address such difficulties, tech companies have appointed business plans. For instance, in the United States, tech firms planned to focus more on consumer retention, automating software, and cutting operating expenses.

As of January 2024, several major technology companies, including Google, Amazon, Meta, and Apple, have implemented return-to-office mandates requiring employees to be in the office at least three days per week. Interestingly, Zoom, a company that played a significant role in facilitating work-from-home activities during the COVID-19 pandemic, has announced a return-to-office mandate of its own requiring employees to work from the office twice per week. In contrast, X (formerly Twitter) adopted an office-only policy for their employees since Elon Musk acquired Twitter in 2022, requiring all X employees to work from the office the entire work week.

In 2024, Meta Platforms generated a revenue of over 164 billion U.S. dollars, up from 134 billion USD in 2023. The majority of Meta’s profits come from its advertising revenue.Meta’s total Family of Apps revenue for 2022 amounted to 114 billion U.S. dollars. Additionally, Meta’s Reality Labs, the company’s VR division, generated around 2.1 billion dollars. Meta’s marketing expenditure for 2022 amounted to just over 15 billion U.S. dollars, up from 14 billion U.S. dollars in the previous year. Increasing audience base despite privacy misgivings Meta’s user numbers have continued to grow steadily throughout past years. In the fourth quarter of 2022, there was a total of 3.74 billion worldwide users across all of Meta’s platforms. For this same time frame, the company recorded 407 million monthly active users across Europe. Downloads of Meta’s app Oculus, for which virtual reality headsets are required, increased greatly from 2020 to 2021, reaching a total of 10.62 million downloads by the end of last year. Up until 2021, downloads had grown in a steady manner but from 2020 to 2021, they more than doubled.User numbers have increased despite data security issues and past controversy such as the Cambridge Analytica scandal in 2018. There remains skepticism surrounding the idea of the metaverse in which Meta aims to immerse itself. Of surveyed adults in the United States, the majority said that they were concerned about their privacy if Meta were to succeed in creating the metaverse.

The tech industry had a rough start to 2024. Technology companies worldwide saw a significant reduction in their workforce in the first quarter of 2024, with over 57 thousand employees being laid off. By the second quarter, layoffs impacted more than 43 thousand tech employees. In the final quarter of the year around 12 thousand employees were laid off. Layoffs impacting all global tech giants Layoffs in the global market escalated dramatically in the first quarter of 2023, when the sector saw a staggering record high of 167.6 thousand employees losing their jobs. Major tech giants such as Google, Microsoft, Meta, and IBM all contributed to this figure during this quarter. Amazon, in particular, conducted the most rounds of layoffs with the highest number of employees laid off among global tech giants. Industries most affected include the consumer, hardware, food, and healthcare sectors. Notable companies that have laid off a significant number of staff include Flink, Booking.com, Uber, PayPal, LinkedIn, and Peloton, among others. Overhiring led the trend, but will AI keep it going? Layoffs in the technology sector started following an overhiring spree during the COVID-19 pandemic. Initially, companies expanded their workforce to meet increased demand for digital services during lockdowns. However, as lockdowns ended, economic uncertainties persisted and companies reevaluated their strategies, layoffs became inevitable, resulting in a record number of 263 thousand laid off employees in the global tech sector by trhe end of 2022. Moreover, it is still unclear how advancements in artificial intelligence (AI) will impact layoff trends in the tech sector. AI-driven automation can replace manual tasks leading to workforce redundancies. Whether through chatbots handling customer inquiries or predictive algorithms optimizing supply chains, the pursuit of efficiency and cost savings may result in more tech industry layoffs in the future.

Meta Platforms, formerly known as Facebook Inc., continues to dominate the digital landscape with impressive financial growth. In 2024, the company's annual revenue reached a staggering 164.5 billion U.S. dollars, marking a significant increase from 134.9 billion U.S. dollars in the previous year. This upward trajectory reflects Meta's ability to monetize its vast user base across multiple platforms, solidifying its position as a tech giant. Advertising remains the primary revenue driver The bulk of Meta's revenue stems from its advertising operations, particularly within its Family of Apps segment. In 2024, this segment, which includes Facebook, Instagram, Messenger, and WhatsApp, generated 162 billion U.S. dollars. Despite a slight dip in 2022, Meta's advertising revenue has shown remarkable resilience and growth potential. User engagement and global reach The company's global influence is further illustrated by the fact that every minute, 138.9 million Reels are played on Facebook and Instagram, showcasing the ongoing evolution of user engagement within the Meta ecosystem.