More big cuts at Meta
about 1 year in Otago Daily Times
Mark Zuckerberg plans to further reduce the size of the recruiting team. Restructurings in the tech group would be announced in late April and cuts to business groups would come in May. Photo: Reuters
Facebook-parent Meta Platforms is to cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn.