Facebook is owned by Meta. Credit - Getty

Facebook cut more than 600 UK jobs as its revenue passed the £3bn mark in 2024, it has been revealed.

The London-headquartered arm of the US giant reduced its headcount from 6,338 to 5,679 during its latest financial year.

The fall comes after Facebook’s UK headcount had stood at 7,053 at the end of 2022.

New accounts filed with Companies House also show that while Facebook’s UK headcount declined in the year, its employee costs actually rose from £2.2bn to £2.3bn.

This was driven by an increase in social welfare costs from £268.1m to £358.4m and share-based payments rising from £853.3m to £973.9m.

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