v3.24.3
Restructuring
9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
2022 Restructuring

In 2022, we initiated several measures to pursue greater efficiency and to realign our business and strategic priorities. These measures included a facilities consolidation strategy to sublease, early terminate, or abandon several office buildings under operating leases, a layoff of approximately 11,000 employees across the Family of Apps (FoA) and Reality Labs (RL) segments, and a pivot towards a next generation data center design, including cancellation of multiple data center projects (the 2022 Restructuring). We completed the data center initiatives and employee layoff in 2023. As of September 30, 2024, we have substantially completed the facilities consolidation initiatives.

A summary of our 2022 Restructuring pre-tax charges, including subsequent adjustments, is as follows (in millions):
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Facilities ConsolidationFacilities ConsolidationSeverance and Other Personnel Costs
Data Center Assets (1)
Total
Cost of revenue$$25 $— $(12)$13 
Research and development228 — 230 
Marketing and sales54 — 55 
General and administrative45 — 46 
Total$$352 $$(12)$344 
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(1)Relates to changes in estimates in our data center restructuring charges recorded during 2022.

Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Facilities ConsolidationFacilities ConsolidationSeverance and Other Personnel Costs
Data Center Assets (1)
Total
Cost of revenue$24 $92 $— $(232)$(140)
Research and development191 871 (9)— 862 
Marketing and sales42 233 (1)— 232 
General and administrative38 210 (16)— 194 
Total$295 $1,406 $(26)$(232)$1,148 
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(1)Relates to changes in estimates in our data center restructuring charges recorded during 2022.

Plan to Date
Facilities ConsolidationSeverance and Other Personnel CostsData Center AssetsTotal
Cost of revenue$355 $— $1,116 $1,471 
Research and development3,083 399 — 3,482 
Marketing and sales842 233 — 1,075 
General and administrative816 316 — 1,132 
Total$5,096 $948 $1,116 $7,160 

The 2022 Restructuring charges recorded to date under our FoA and RL segments were $6.07 billion and $1.09 billion, respectively.