June 17, 2024
Meta begins third round of layoffs: reports

Meta begins third round of layoffs: reports

Meta Platforms Inc. has started to execute on its latest round of layoffs, according to reports.

The third round of cuts is part of a plan that Meta META Chief Executive Mark Zuckerberg announced in March in an effort to further slash costs at the social-media company. He said at the time that Meta would lay off about 10,000 workers while closing roughly 5,000 additional roles for which the company had yet to make hires.

The…

Source

Leave a Reply

Your email address will not be published. Required fields are marked *