What is the number of Facebook employees?
How does Meta, formerly Facebook, compare to the tech industry? Meta is a big player in the digital world. The number Facebook employees shows its growth and ability to change with the tech world. We’ll look into the number of Facebook employees, including its past, current numbers, and how it’s spread out globally.
Key Takeaways
- Meta currently employs 67,317 individuals, a 22.2% reduction from its peak employment of 86,482 in 2022.
- The company has experienced an 89.2% growth in its employee count since 2018, rising from 35,587.
- Meta’s workforce growth has varied over the years, with a 74.5% increase in 2010.
- The tech giant’s global workforce distribution and employee demographics offer insights into its diverse and inclusive culture.
- Meta’s compensation and benefits package, including salaries, bonuses, and comprehensive healthcare, contribute to its appeal as an employer.
Meta’s Historical Employee Growth Journey
Meta, once known as Facebook, has seen a huge growth in employees since 2004. The number of Facebook employees has grown significantly, showing its big plans and the platform’s growing popularity.
In 2004, Facebook started with about 30 employees. This showed the company’s early focus on innovation and growth. By 2005, the number of Facebook employees had grown to around 150. This was as Facebook’s user base expanded beyond Harvard.
The company’s team kept growing fast, reaching about 500 employees by 2008. This showed Facebook’s big ambitions and its efforts to bring in different talents. When Facebook went public in 2012, it had over 3,000 employees. This exponential increase in the number of Facebook employees reflected the company’s fast growth and its expanding user base.
The number of Facebook employees has grown a lot, reaching 67,317 by 2023. The biggest jump was in 2006, with a 900% increase from 150 to 450 employees. From 2004 to 2023, the number of Facebook employees grew by an average of 44.34% each year. Notable years included 2010 with a 74.5% increase and 2017 with a 47.3% increase.
In 2023, Meta had to reduce the number of Facebook employees to improve its efficiency. This change was due to the changing market conditions. Despite these challenges, Meta is still focused on building a diverse and skilled team to achieve its goals.
Current Facebook Employees Statistics and Demographics
Meta’s workforce, which includes Facebook, has 44% female employees and 56% male. The ethnic diversity is also notable, with 51% White, 19% Hispanic or Latino, 16% Asian, and 14% in other categories. The company is dedicated to diversity, with 35% of executives being women and 32% minorities. Hispanic or Latino leaders are common, and Spanish is the top foreign language spoken.
Gender Distribution
Meta’s workforce is 44% female and 56% male. The company has worked hard to increase gender diversity. Now, 35% of executive roles are held by women.
Ethnic Diversity
Aside from the high number of Facebook employees, Meta’s workers are 51% White, 19% Hispanic or Latino, 16% Asian, and 14% in other categories. The leadership team also shows this diversity, with 32% of executives being minorities.
Meta’s commitment to diversity and inclusion is clear in its workforce and leadership and the steady increase in the number of Facebook employees. The company’s efforts to create a representative and inclusive place help it attract and keep diverse talent.
Meta’s Global Workforce Distribution
Meta, the parent of Facebook, has 82 offices worldwide. These are spread across North America, Latin America, Asia-Pacific, Africa, and the Middle East. Over 60% of Facebook’s staff work outside the U.S., showing the company’s global reach and diverse team.
The “MPK” site, Meta’s headquarters, is in Menlo Park, California. It was finished in 2015 by famous architect Frank Gehry. The building has an open layout and a rooftop garden. By 2018, it housed 15,000 workers, with plans to grow to 35,000 in the Bay Area.
Even after recent changes and layoffs, Meta still values its global team. The company wants to keep a strong international workforce. Meta plans to start hiring and transferring people again in each group after restructuring. This global setup helps Meta find diverse talent and serve its international workforce at its Meta office locations.
On a side note, you can automate your Facebook marketing efforts using the tool in this SocialHub review.
Employee Compensation and Benefits Package
Meta, the company behind Facebook, offers a top-notch compensation and benefits package. The base salary starts at $120,000 to $130,000. This makes the total compensation for Meta employees range from $150,000 to $155,000 on average.
Salary Structures
Meta’s interns get paid between $6,600 to $9,500 each month. Engineers start at $8,000 to $10,000 monthly. Data scientists earn $12,000 to $15,000 monthly.
Comprehensive Benefits
Meta also offers a great benefits package. This includes health insurance, generous parental leave, and help with relocation. Employees get a $2,000 baby bonus, free meals, and a $2,000 wellness reimbursement each year.
Meta’s 401(k) plan matches contributions up to $10,250. Glassdoor rates Meta’s benefits package 4.7 out of 5 stars.
Meta’s compensation and benefits aim to attract and keep top talent. This ensures its workforce is happy and motivated to help the company succeed.
| Benefit | Details |
|---|---|
| Health Insurance | Meta pays 100% of employee’s medical insurance, saving them around $10,000 per year. |
| 401(k) Matching | Meta matches 50% of employee contributions to 401(k), up to 7% of their salary. |
| Parental Leave | Employees receive four months of paid time off for new mothers and fathers within the first year of a child’s birth or adoption. |
| Wellness Perks | Meta provides a $2,000 annual wellness reimbursement, on-site health and dental care, and access to an on-site gym and recreation facilities. |
| Other Benefits | Meta offers a $2,000 “baby cash” bonus, financial assistance for egg-freezing and adoption fees, and a free shuttle service with hundreds of stops. |
Employee Retention and Workplace Culture
Meta, formerly Facebook, focuses a lot on keeping employees happy and engaged. The company has an average employee stay of 2.3 years. This is a challenge, but Meta is seen as a great place to work. It’s ranked high in Glassdoor’s Best Places to Work survey.
Retention Metrics
Meta’s numbers show a mix. It has a 5% attrition rate, but employees don’t stay long. Research says happy employees are 31% more likely to stick around. Those who use their talents are 33% more likely to stay.
Also, employees who grow in their careers are 37% more likely to stay. This shows Meta’s commitment to employee growth.
Furthermore, if you want to look into your brand’s metrics, you can use the tool in this Circleboom review.
Company Culture
Meta’s culture is a big reason people want to work there. It’s often ranked as one of the best places to work. In 2017, it was second on Glassdoor’s list.
CEO Mark Zuckerberg is known for being a great leader. Over 96% of employees love their job, more than at Google or Apple. They feel their work makes a difference, with 81% believing in Meta’s mission.
But, Meta faces issues like work-life balance and privacy. In 2018, it saw more people leave due to scandals and management problems.
Conclusion
Meta’s workforce has grown a lot since it started as Facebook in 2004. Even with some job cuts, Meta still has over 67,000 people worldwide. This shows how big and diverse the company has become.
Meta offers great pay and benefits to keep top talent. But, it still struggles to create a positive work environment. This makes it hard to keep employees happy and working there long-term.
Meta is a big name in social media, owning Instagram, WhatsApp, and Messenger. These platforms have billions of users every month. This makes Meta a major player in the digital world, with a huge impact.
FAQ
- How many employees does Meta, formerly known as Facebook, currently have?As of December 31, 2023, the number of Facebook employees was 7,317. This is a 22.2% drop from their 2022 peak of 86,482 employees.
- How has Meta’s employee count changed since the company’s inception in 2004?
Meta started with 7 employees in 2004. By 2006, it grew by 900% to 450 employees. Today, the number of Facebook employees has been pegged at, showing a 44.34% average annual growth until 2019. The growth rate then slowed to 26.29%. - What is the gender and ethnic diversity of Meta’s workforce?
Meta’s team is 44% female and 56% male. The ethnic diversity is 51% White, 19% Hispanic or Latino, 16% Asian, and 14% other. The company is committed to diversity, with 35% of executives being women and 32% minorities. - Where are Meta’s offices located globally?
Meta has 82 offices worldwide. They are in North America, Latin America, Asia-Pacific, Africa, and the Middle East. Over 60% of employees are outside the U.S., with the Menlo Park, California, headquarters having 15,000 workers as of 2018. This global presence reflects the expanding number of Facebook employees. - What are the compensation and benefits offered by Meta to its employees?
Despite the huge number of Facebook employees, Meta offers competitive pay, with base salaries starting at $120,000-$130,000. Total compensation packages have a median of $150,000-$155,000. Interns get $6,600-$9,500 monthly, while engineers start at $8,000-$10,000 and data scientists at $12,000-$15,000.Benefits include health insurance, parental leave, relocation packages, and a $2,000 baby bonus. There are also on-site medical facilities, free meals, a $2,000 wellness reimbursement, and generous 401k matching up to $10,250. - What is Meta’s employee retention rate, and how does the company’s workplace culture compare to industry standards?
Meta’s average employee tenure is 2.3 years, with a 5% attrition rate, justifying the continued increase in the number of Facebook employees. It has ranked high in Glassdoor’s Best Places to Work poll, but dropped to 11th in 2021. The company values innovation and collaboration, with an open-plan headquarters. However, challenges like work-life balance and privacy concerns exist. The company saw increased turnover in 2018 due to scandals and management issues.
Discover more about Facebook in this “A Guide To Facebook Store Sales Optimization in 2024” article.