Meta to lay off 10,000 more employees just four months after 11,000 job cuts

Date:



Meta to lay off 10,000 more employees just four months after 11,000 job cuts (file photo)

Facebook-parent Meta Platforms has announced that it would cut 10,000 more jobs. This comes just four months after it let go of 11,000 employees. Meta is now the first big tech company to announce a second round 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,” Chief Executive Officer Mark Zuckerberg said in a message to staff.

Zuckerberg added, “This will be tough and there’s no way around that. It will mean saying goodbye to talented and passionate colleagues who have been part of our success.” 

READ | Who is Gautam Adani’s son Jeet Adani who got engaged to Diva Jaimin Shah?


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

AstraZeneca admits its COVID-19 vaccine Covishield can trigger uncommon…

Covishield was developed by AstraZeneca in collaboration with...

IMF boosts Asia growth forecast this year on China, India

The International Monetary Fund boosted its growth forecast...

iPhone 16 Design Leaked: New Camera Layout And Action Button Expected

Last Updated: April 30, 2024, 07:30 IST(*16*)iPhone 16...

BJP, Congress seek more time to respond to EC notice regarding MCC violation

ECI has invoked Section 77 of the Representation...