{"schema_version":"secwatch.filing_event.v1","accession":"0001326801-22-000116","form_type":"8-K","ticker":"META","cik":"0001326801","company_name":"Meta Platforms, Inc.","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.174066+00:00","generated_at":"2026-06-22T00:48:19.078564+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Meta cuts 11,000 jobs (13% of workforce); lowers 2023 expense and capex outlook","bullets":["Layoff of approximately 11,000 employees, or about 13% of workforce, across Family of Apps and Reality Labs.","2023 total expense outlook lowered to $94-100B from $96-101B; capex narrowed to $34-37B from $34-39B.","Hiring freeze extended through Q1 2023; additional cost-cutting including desk sharing and reduced real estate.","Severance: 16 weeks base pay plus 2 weeks per year of service; healthcare coverage for 6 months.","Q4 2022 revenue outlook unchanged at $30-32.5B; 2022 expense outlook unchanged at $85-87B including severance."],"urls":{"canonical":"https://secwatch.observer/filing/0001326801-22-000116","json":"https://secwatch.observer/filing/0001326801-22-000116.json","markdown":"https://secwatch.observer/filing/0001326801-22-000116.md","text":"https://secwatch.observer/filing/0001326801-22-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1326801/000132680122000116/0001326801-22-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1326801/000132680122000116/meta-20221109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T00:48:19.078564+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}