Meta Begins Layoffs, Focused on Technical Employees (CNBC)
Meta, the parent company of Facebook, has started its latest round of layoffs, starting with technical employees. This comes after the company announced last month that it would cut 10,000 jobs. The first wave of layoffs, consisting of approximately 4,000 jobs, will hit engineers and adjacent tech teams. Meta has confirmed the layoffs and is expected to issue another round of mass layoffs on Wednesday.
Facebook Owner Meta Begins Notifying Staff of Layoffs (BBC)
Following the announcement of 10,000 job cuts, Meta has begun notifying staff who will be losing their positions. The reductions come as part of Mark Zuckerberg’s plan to increase efficiency and cut costs. The latest round of layoffs will target technical workers, who are often thought of as more immune to job cuts.
Mark Zuckerberg Issues a Round of Remote Layoffs at Meta (Fortune)
As part of his effort to streamline operations, Mark Zuckerberg has issued a round of remote layoffs at Meta. The company has struggled to keep up with the demands of its expanding user base and has faced increased competition from other tech companies. The latest round of layoffs comes as the company seeks to restructure and cut costs.
Meta Carries Out Another Round of Job Cuts, Angers Employees (NDTV.com)
Meta Platforms Inc has carried out another round of job cuts, angering employees. This time, engineers and adjacent tech teams have been hit, prompting some to question why they should stay with the company. The wave of 10,000 job cuts comes amid a slump in the tech industry and increasing competition from up-and-coming tech companies.
Thousands of Meta Workers Hit by New Round of Layoffs as Company Cuts Costs (The Guardian)
Meta will cut 4,000 jobs immediately as part of its plan to cut 10,000 jobs amid the tech industry slump. The social media giant has been struggling to keep up with competition in the tech industry and to meet the demands of its growing user base. The latest round of layoffs comes as part of a larger plan to restructure and cut costs.
Facebook and Instagram Owner Meta is on its Next Round of Layoffs (Vox)
Meta has started notifying laid-off employees in the second recent round of mass cuts. The layoffs are focused on technical workers, who are often thought of as more immune to job cuts. The wave of 10,000 job cuts comes amid a slump in the tech industry and increasing competition from up-and-coming tech companies.
