CEO Mark Zuckerberg puts managers on notice, more Facebook layoffs likely
1 year, 10 months ago

CEO Mark Zuckerberg puts managers on notice, more Facebook layoffs likely

India Today  

Right after Elon Musk fired thousands of Twitter employees, Meta CEO Mark Zuckerberg laid off 11,000 employees. "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," Zuckerberg told managers during the meeting. In addition to Zuckerberg, Meta Chief product officer Chris Cox has also spoken about the need to "flatten" the organisational structure. "We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap," Zuckerberg noted.

Employees Meta Zuckerberg Managers Managing Managers  work  company  ceo  puts  likely  facebook  zuckerberg  employees  managing  notice  mark  meta  layoffs  immigration  11000  managers

History of this topic

Meta CEO Zuckerberg dines with Trump after years of turbulent ties with US president-elect
3 weeks, 6 days ago

Meta CEO Zuckerberg dines with Trump after years of turbulent ties with US president-elect

New Indian Express  

FORT LAUDERDAL: Donald Trump dined on Wednesday with Meta CEO Mark Zuckerberg at the president-elect's Mar-a-Lago club in Florida, bringing together the Facebook founder and the former president who was once banned from that social network. Stephen Miller, who has been appointed deputy chief of staff for Trump's second term, said Zuckerberg, like other business leaders, wants to support Trump's …

Meta CEO Mark Zuckerberg talks about layoffs again, explains why this is happening
10 months ago

Meta CEO Mark Zuckerberg talks about layoffs again, explains why this is happening

India Today  

In a recent interview with Morning Brew Daily's podcast, Meta's CEO Mark Zuckerberg delved into the ongoing wave of tech layoffs, shedding light on why this trend shows no signs of ending anytime soon. Zuckerberg attributed the persistent layoffs to a paradigm shift among companies towards leaner operations and continued adjustments to the post-pandemic landscape. Highlighting the evolving mindset within …

Twitter threatens to sue Meta for hiring employees Elon Musk had fired
1 year, 5 months ago

Twitter threatens to sue Meta for hiring employees Elon Musk had fired

Live Mint  

Elon Musk after completing his takeover bid of Twitter fired almost half of the company's 7,800 employees. However, a day after Mark Zuckerberg's Meta platform released Twitter's rival platform Threads, the Elon Musk's company is threatening to sue them for hiring employees Twitter had fired! Meta, which launched Threads on Wednesday and has logged more than 30 million sign ups, …

Meta and Google among top paying companies in 2022 despite firing thousands of employees
1 year, 6 months ago

Meta and Google among top paying companies in 2022 despite firing thousands of employees

India Today  

Facebook’s parent company Meta and Google’s parent company Alphabet have collectively laid off thousands of employees till now. However, despite the mass layoffs, the companies were amongst the top three paying companies last year, a new report states. Meta and Alphabet amongst top payers According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google …

Facebook Owner Meta Slashes Business Workforce In Final Round Of Layoffs
1 year, 6 months ago

Facebook Owner Meta Slashes Business Workforce In Final Round Of Layoffs

ABP News  

Owner of Facebook, Meta Platforms Inc, cut jobs across its business and operations units on Wednesday, reported by news agency Reuters. Earlier this year, Meta became the first Big Tech firm to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall. Mark Zuckerberg, CEO, Meta Inc, in March had said the …

Facebook owner Meta starts final round of layoffs
1 year, 6 months ago

Facebook owner Meta starts final round of layoffs

The Hindu  

Meta Platforms Inc. carried out the last batch of a three-part round of layoffs on Wednesday, according to a person familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles. Meta earlier this year became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees …

Facebook owner Meta starts final round of layoffs
1 year, 7 months ago

Facebook owner Meta starts final round of layoffs

Hindustan Times  

Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles. Meta in March became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees …

Facebook owner Meta starts final round of layoffs
1 year, 7 months ago

Facebook owner Meta starts final round of layoffs

Live Mint  

Meta Platforms Inc on Wednesday started a fresh round of layoffs, as part of its plan to cut 10,000 jobs across all its platforms- WhatsApp, Instagram, and Facebook. In March, Mark Zuckerberg, the Chief Executive of Meta, stated that the majority of the company's layoffs in the second round would occur in three distinct phases spanning several months, with the …

Ex-Meta employee says was not prepared for ‘emotional rollercoaster’
1 year, 8 months ago

Ex-Meta employee says was not prepared for ‘emotional rollercoaster’

Hindustan Times  

A now-former Meta employee who get laid off in the company's second round of layoffs, which it announced last month, has said he has been through an ‘emotional rollercoaster’ since being notified he was being let go. Meta has laid off more than 20,000 workers across two recent layoff drives Chris Bowler, who joined Meta Platforms in August 2021, took …

Layoffs to continue at Meta; job cuts in Facebook, WhatsApp, Instagram: Report
1 year, 8 months ago

Layoffs to continue at Meta; job cuts in Facebook, WhatsApp, Instagram: Report

Hindustan Times  

Meta Platforms Inc. is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg’s goal of greater efficiency. The Facebook parent company notified managers to prepare to announce job cuts on Wednesday, via a memo seen by Bloomberg News. It indicates Facebook, WhatsApp, Instagram and Reality Labs — which houses the firm’s virtual …

Meta prepares fresh round of layoffs beginning today, to cut around 4,000 high-skilled jobs
1 year, 8 months ago

Meta prepares fresh round of layoffs beginning today, to cut around 4,000 high-skilled jobs

India TV News  

Meta layoffs: Meta is set to begin yet another round of mass layoffs across Facebook, Instagram and WhatsApp as the company move forward towards Mark Zuckerberg's goal of achieving greater efficiency. In the fresh round of layoffs, around 4,000 high-skilled employees could be impacted, beginning Wednesday. In an internal memo seen by The Washington Post, Meta said that "the company …

Mark Zuckerberg tells managers to be ready for layoffs, around 10000 employees to lose job
1 year, 8 months ago

Mark Zuckerberg tells managers to be ready for layoffs, around 10000 employees to lose job

India Today  

Meta, the parent company of Facebook, is set to start a company-wide layoff on Wednesday as it restructures teams to achieve greater efficiency, according to a memo seen by Bloomberg News. A company spokesperson declined to comment on the matter, but referred to Zuckerberg's post in March, where he referred to it as the "year of efficiency" and said that …

Meta starts cutting jobs, fires over 1,500 employees in HR and other departments
1 year, 9 months ago

Meta starts cutting jobs, fires over 1,500 employees in HR and other departments

India Today  

Meta has just announced the layoff of 10,000 employees and it has now begun the process. The same source also reported that Meta could take a few more years to finish restructuring the company, which means that more employees could get removed in the coming time. Now in an email sent to employees, Meta’s CEO Mark Zuckerberg has stated that …

A 2nd wave of layoffs at Meta; 10,000 jobs are cut
1 year, 9 months ago

A 2nd wave of layoffs at Meta; 10,000 jobs are cut

Associated Press  

Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of cuts, as uncertainly about the global economy hits the technology sector particularly hard. The Menlo Park, company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups …

Meta layoffs: Facebook to cut 10,000 more employees, Mark Zuckerberg says
1 year, 9 months ago

Meta layoffs: Facebook to cut 10,000 more employees, Mark Zuckerberg says

The Independent  

Sign 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 …

Why Zuckerberg's Meta has undertaken second round of layoffs slashing 10k jobs?
1 year, 9 months ago

Why Zuckerberg's Meta has undertaken second round of layoffs slashing 10k jobs?

Hindustan Times  

Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months. As part of those efforts, Meta is flattening the organization, canceling lower priority projects and slowing hiring, Chief Executive Officer Mark Zuckerberg said in a statement on Tuesday. But Zuckerberg …

Facebook parent Meta to cut 10,000 jobs: Report
1 year, 9 months ago

Facebook parent Meta to cut 10,000 jobs: Report

Hindustan Times  

Mark Zuckerberg's Meta has decided to undertake another mass-layoffs downsizing its workforce by 10,000 employees. Meta In an email to employees on Tuesday, Meta CEO Zuckerberg stated that the company will conduct multiple rounds of job cuts in the coming months, as well as cancel some projects and reduce hiring rates, a report from The Wall Street Journal said. Notably, …

Meta to cut 10,000 jobs, 5,000 open roles in efficiency push
1 year, 9 months ago

Meta to cut 10,000 jobs, 5,000 open roles in efficiency push

LA Times  

Meta Platforms Chief Executive Mark Zuckerberg has been calling 2023 the “year of efficiency.” The latest round of job cuts follows layoffs in November, which reduced the company’s workforce by 11,000 people, or 13% of its staff. Meta Platforms plans to lay off about 10,000 employees and close about 5,000 open roles in its second major round of job cuts …

Mark Zuckerberg fires 10,000 Meta employees in fresh layoffs: Here is full text of his memo
1 year, 9 months ago

Mark Zuckerberg fires 10,000 Meta employees in fresh layoffs: Here is full text of his memo

India Today  

Meta CEO Mark Zuckerberg announced second round of layoffs on Tuesday. Here’s the timeline you should expect: over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates. As I’ve talked about efficiency this year, I’ve said that part of our work will involve removing …

Meta to fire 11,000 more employees in upcoming days, these jobs are at risk
1 year, 9 months ago

Meta to fire 11,000 more employees in upcoming days, these jobs are at risk

India Today  

At the start of this year, big tech giants like Google and Microsoft announced layoffs and fired thousands of employees across the globe. Reports suggest that Meta is again planning a fresh round of layoffs and is expected to sack as many employees as it fired in the first round, which is around 11,000 employees. Well, after announcing the layoffs …

Facebook-parent Meta plans to lay off another 10,000 employees
1 year, 9 months ago

Facebook-parent Meta plans to lay off another 10,000 employees

CNN  

CNN — Facebook-parent Meta plans to lay off another 10,000 workers, marking the second round of significant job cuts announced by the tech giant in four months. In a Facebook post Tuesday, CEO Mark Zuckerberg said the job cuts will take place “over the next couple of months.” “We expect to announce restructurings and layoffs in our tech groups in …

‘The next AOL?’: Meta’s massive layoffs raise questions about Zuckerberg’s strategy as company morale sinks
1 year, 9 months ago

‘The next AOL?’: Meta’s massive layoffs raise questions about Zuckerberg’s strategy as company morale sinks

CNN  

New York CNN — “A challenging period.” That’s how Mark Zuckerberg described in a memo what the near future will be like for Meta employees after he announced the once-impervious social media company will cut another 10,000 jobs in the months ahead. “At this point, I think we should prepare ourselves for the possibility that this new economic reality will …

Meta likely to layoff more workers in the coming week
1 year, 9 months ago

Meta likely to layoff more workers in the coming week

India Today  

The layoff season is not over in Meta yet. Meta has given "subpar ratings" to thousands of employees during its latest performance review, which hints at more layoffs in the coming months. Previously, managers at Meta gave around 10 per cent of employees a rating of "meets most", which is the second-lowest rating at the company. The Wall Street Journal …

Facebook may demote some middle managers, reorganise teams amid layoff scare
1 year, 9 months ago

Facebook may demote some middle managers, reorganise teams amid layoff scare

India Today  

Meta CEO Mark Zuckerberg told his managers last month to contribute to coding and not just manage. A new report by Insider indicates that Meta's Facebook division may demote some managers and take their teams away to "flatten" the company's corporate structure. The report also quotes a company spokesperson who said that Meta wants to flatten the corporate structure, but …

Second wave of layoffs in Meta
1 year, 9 months ago

Second wave of layoffs in Meta

India TV News  

After laying off more than 11,000 employees making nearly 13% of its workforce, Meta, the parent company of Facebook, plans to make additional cuts with another wave of layoffs. Image Source : FREEPIKJob Loss The company also plans to push certain executives to lower-level roles without direct reports. By reassigning some leaders to lower-level jobs without direct responsibility, Meta hopes …

Facebook-Parent Meta Plans More Layoffs After Firing 11,000 Employees: Report
1 year, 10 months ago

Facebook-Parent Meta Plans More Layoffs After Firing 11,000 Employees: Report

ABP News  

Meta Platforms Inc, the parent firm of Facebook, is planning another fresh round of job cuts in bid to reorganise and downsize. Meta last year said it will let go of 13 per cent of its workforce, or more than 11,000 employees, as it grappled with soaring costs and a weak advertising market. According to the Reuters’ report, Meta plans …

Meta Chief Business Officer Marne Levine Set To Leave The Company: Report
1 year, 10 months ago

Meta Chief Business Officer Marne Levine Set To Leave The Company: Report

ABP News  

Meta's Chief Business Officer Marne Levine is leaving the social networking giant and parent company of Facebook after a 13-year stint, the media has reported. Levine was appointed as Meta's first chief business officer in 2021 and has served in various other executive positions at the company, including the chief operating officer of Instagram, says a report by news agency …

Another round of Meta layoffs soon? Mark Zuckerberg questions manager roles
1 year, 10 months ago

Another round of Meta layoffs soon? Mark Zuckerberg questions manager roles

Live Mint  

Is Facebook and Instagram owned Meta planning another round of layoffs? Its founder and CEO Mark Zuckerberg's recent comments on managers has raised eyebrows and apprehensions of phase 2 of pink slips coming soon. After laying off 11,000 employees from his company Zuckerberg still thinks many layers of management are a waste of resource and the managers who build big …

Meta CEO Mark Zuckerberg Puts Middle Managers On Notice: Report
1 year, 10 months ago

Meta CEO Mark Zuckerberg Puts Middle Managers On Notice: Report

ABP News  

After sacking 11,000 employees in November last year, Meta Founder and CEO Mark Zuckerberg has now reportedly put middle managers at the company on notice. According to the newsletter Command Line by The Verge's Alex Heath, Zuckerberg warned managers at a recent all-hands meeting. "I don't think you want a management structure that's just managers managing managers, managing managers, managing …

Zuckerberg's Meta gearing up for more layoffs? This report suggests so
1 year, 10 months ago

Zuckerberg's Meta gearing up for more layoffs? This report suggests so

Hindustan Times  

Meta CEO Mark Zuckerberg has reportedly announced that he is not in favour of “managers managing managers, managing managers, managing managers, managing the people who are doing the work”. According to the weekly newsletter Command Line from The Verge’s Alex Heath, Zuckerberg hinted at more layoffs in middle management during an internal Q&A meeting last week. Earlier in January, the …

Layoffs: Elon Musk fires more Twitter employees across departments
1 year, 11 months ago

Layoffs: Elon Musk fires more Twitter employees across departments

India Today  

It's been more than 3 months since Elon Musk got the chair of Twitter, but the company still has not settled its sail yet. The impacted employees include Nur Azhar Bin Ayob, the head of site integrity for Twitter's Asia-Pacific region, a relatively recent hire; and Analuisa Dominguez, Twitter's senior director of revenue policy. Significantly, if we look at a …

Meta staffer was laid off. Her six-year-old daughter said this...
2 years ago

Meta staffer was laid off. Her six-year-old daughter said this...

Hindustan Times  

Facebook parent company Meta has laid off 11,000 employees last month, impacting not only their lives but that of their families and causing pain, uncertainty and chaos for thousands. A report by Business Insider said she received an e-mail saying she too had been made part of cost-cutting measures at Mark Zuckerberg's company. She also said her daughter's response gave …

Is Mark Zuckerberg standing down as Meta CEO?
2 years, 1 month ago

Is Mark Zuckerberg standing down as Meta CEO?

Hindustan Times  

Meta has denied a report that said Mark Zuckerberg is standing down as its chief executive. On Tuesday, a report said that Mark Zuckerberg would be stepping down from his role as the head of the company next year. Mark Zuckerberg has faced widespread criticism in recent weeks after Meta fired large numbers of its staff. Mark Zuckerberg has been …

The Reason for Meta’s Massive Layoffs? Ghosts in the Machine
54 years, 11 months ago

The Reason for Meta’s Massive Layoffs? Ghosts in the Machine

Wired  

Remember Libra, Meta’s ambitious plan to enter the cryptocurrency market? Alongside projects like Shops, Meta’s ambitious plan to turn Instagram and Facebook into e-ommerce giants; its podcast plans; Facebook Portal and a Meta smartwatch to compete with the Apple Watch, they all failed. “Today’s news isn’t only a correction of the pandemic years,” says one former Meta employee with knowledge …

Why Zuckerberg's Meta Has Sacked 11k Employees & What Will Happen to Indian Workers Now
2 years, 1 month ago

Why Zuckerberg's Meta Has Sacked 11k Employees & What Will Happen to Indian Workers Now

News 18  

Facebook parent Meta is laying off 11,000 employees, or about 13% of its workforce, as it deals with declining revenue and broader tech industry woes, according to CEO Mark Zuckerberg in a letter to employees sent out Wednesday. Facebook Losing Young Users, Apple’s Privacy Policies In recent months, Meta has experienced uncertainty about the company’s future as its flagship platform …

WhatsApp, Facebook And Other Meta Companies To Fire 11,000; Read Letter From Mark Zuckerberg Here
2 years, 1 month ago

WhatsApp, Facebook And Other Meta Companies To Fire 11,000; Read Letter From Mark Zuckerberg Here

News 18  

Social media giant Meta, that owns WhatsApp, Facebook, Instagram and other companies have announced a massive round of layoffs. Here’s the full letter by Mark Zuckerberg to employees working at Meta companies. We’ve shifted more of our resources onto a smaller number of high priority growth areas — like our AI discovery engine, our ads and business platforms, and our …

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1
2 years, 1 month ago

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1

The Hindu  

Meta, in a blog post, on Wednesday shared that it will be firing 13% of its workforce around 11,000 employees. In a direct message to employees, Meta CEO Mark Zuckerberg said that staff reductions will be made across the company’s family of apps and Reality Labs. Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown …

Mark Zuckerberg Confirms Meta Layoffs, Lets Go Of 11,000 Employees; Read Full Letter Here
2 years, 1 month ago

Mark Zuckerberg Confirms Meta Layoffs, Lets Go Of 11,000 Employees; Read Full Letter Here

News 18  

Mark Zuckerberg, CEO of Facebook’s parent company Meta, on Wednesday confirmed the layoffs by the company. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. HERE’S MARK ZUCKERBERG’S FULL LETTER TO EMPLOYEES Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve …

Facebook owner Meta to lay off 11k staff in one of biggest US layoffs this year
2 years, 1 month ago

Facebook owner Meta to lay off 11k staff in one of biggest US layoffs this year

Live Mint  

In one of the biggest tech layoffs of 2022, Facebook parent Meta Platforms Inc on Wednesday said that it will let go of 13% of its workforce, or more than 11,000 employees, as part of a plan to reduce costs at the social-media platform following disappointing earnings, soaring costs, and a weak advertising market. I know this is tough for …

Mark Zuckerberg says 'sorry' as Meta fires 11,000 employees. Read full statement
2 years, 1 month ago

Mark Zuckerberg says 'sorry' as Meta fires 11,000 employees. Read full statement

Hindustan Times  

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market, Reuters reported. Mark Zuckerberg issues ‘Sorry’ statement In his Facebook post, Mark Zuckerberg said that he is ‘sorry’ and …

Mark Zuckerberg sacks 11,000 Meta staff
2 years, 1 month ago

Mark Zuckerberg sacks 11,000 Meta staff

The Telegraph  

Mark Zuckerberg has sacked more than 11,000 employees at Meta in the largest cull in the company’s 18-year history as a wave of job cuts across Silicon Valley deepens. In an email to staff, Mr Zuckerberg said: “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I know this is tough for everyone, and I’m …

Facebook-parent Meta likely to start mass layoffs today, CEO Mark Zuckerberg blames overhiring
2 years, 1 month ago

Facebook-parent Meta likely to start mass layoffs today, CEO Mark Zuckerberg blames overhiring

India Today  

The tech industry is going through turmoil right now. While the company hasn’t confirmed the number of employees it plans to fire, a report last week stated that Meta will ask thousands of employees to leave the company. According to The Washington Post, Meta's job cuts could be relatively smaller on a percentage basis than Twitter’s job cuts but the …

Meta layoffs to start soon, employees scared and anxiously wait for the 6am email
2 years, 1 month ago

Meta layoffs to start soon, employees scared and anxiously wait for the 6am email

India Today  

The tech world is still not over the harsh Twitter layoffs that happened last week, and another big tech company, Meta, is gearing up to begin the "biggest" layoffs this year. Aashima Ahuja, who currently works as the frontend content creator at Meta, says "there has been anxiety all over the internal communication channels." Brian Gomez, who works as Emerging …

Facebook parent company Meta will lay off 11,000 employees
2 years, 1 month ago

Facebook parent company Meta will lay off 11,000 employees

CNN  

New York CNN Business — Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history. “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” CEO Mark Zuckerberg wrote in a blog post to employees. “I’ve decided to reduce the size of …

Facebook CEO Mark Zuckerberg confirms laying off thousands of employees today: Reports
2 years, 1 month ago

Facebook CEO Mark Zuckerberg confirms laying off thousands of employees today: Reports

India TV News  

Highlights The company is likely to lay off thousands of employees from Wednesday The laid-off employees to get at least four months' salary Mark Zuckerberg claimed responsibility for the company's missteps Facebook employees lay off: Addressing hundreds of executives, Meta Chief Executive Mark Zuckerberg confirmed about laying off employees on Wednesday. Biggest layoff in the tech industry this year: Reports …

Mark Zuckerberg says 'sorry' as Meta fires more than 11,000 employees | Full statement
2 years, 1 month ago

Mark Zuckerberg says 'sorry' as Meta fires more than 11,000 employees | Full statement

India TV News  

Mark Zuckerberg rolled out an official statement where he said that he is Sorry for laying off more than 13% of its workforce from Meta. Here is the full statement by Meta's Chief Executive- Mark Zuckerberg Today I'm sharing some of the most difficult changes we've made in Meta's history. Mark Zuckerberg statement 1 Mark Zuckerberg statement 2 Mark Zuckerberg …

After Twitter, Facebook\'s firm too likely to witness layoffs
2 years, 1 month ago

After Twitter, Facebook\'s firm too likely to witness layoffs

Deccan Chronicle  

NEW YORK: After job cuts at Twitter, Facebook's parent company Meta is planning to begin large-scale layoffs this week in what could be the largest reduction to date at a “major technology corporation in a year that has seen a tech-industry retrenchment,” a media report said. While smaller on a percentage basis than the cuts at Twitter Inc. this past …

Meta Facebook layoff firing mass lay off twitter elon musk q3 earnings mark zuckerberg
2 years, 1 month ago

Meta Facebook layoff firing mass lay off twitter elon musk q3 earnings mark zuckerberg

ABP News  

San Francisco: After mass layoffs at Twitter, it is another Big Tech company's turn as the Mark Zuckerberg-led Meta is reportedly set to lay off 'thousands' of employees this week. The company declined to comment, referring to Zuckerberg's recent statement that the company would "focus our investments on a small number of high priority growth areas." In June, Meta's chief …

Facebook parent Meta plans large-scale layoffs this week: report
2 years, 1 month ago

Facebook parent Meta plans large-scale layoffs this week: report

The Hindu  

Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, U.S. media reported on November 6. The Wall Street Journal, citing people familiar with the matter, reported that the layoffs could impact "many thousands" of Meta employees and that an announcement was expected as soon as November 9. …

Discover Related