Meta layoffs: Facebook to cut 10,000 more employees, Mark Zuckerberg says
The IndependentSign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Zuckerberg said the layoffs were part of a “restructuring” and Meta’s “year of efficiency”. “It will mean saying goodbye to talented and passionate colleagues who have been part of our success.” In the same announcement, Mr Zuckerberg indicated that the company will become “flatter”, with fewer levels of management. Meta is also planning to complete an “analysis” of hybrid work to “refine our distributed work model” by this summer, Mr Zuckerberg said, suggesting that it would increase efficiency. But last year had been a “humbling wake-up call”, he said, in which the economy and competitive pressures had slowed growth and put Meta in a weaker position.