Meta Layoffs: Facebook-parent to reduce its workforce by 10,000 employees
Meta Layoffs: Facebook-parent Meta Platforms will reduce its workforce by 10,000 employees, the company announced on Tuesday.
This comes only four months after the company laid off 11,000 employees, making it the first major technology company to launch a second wave of mass layoffs.
"We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," Meta CEO Mark Zuckerberg said.
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The previous cut, announced in November 2022, affected roughly 13% of the company's total workforce.
He further said that the company plans to close 5,000 additional open roles that it hasn’t yet filled.
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- PTC NEWS
