Facebook Layoffs

Employee morale at the tech giant has plummeted after months of turmoil, including several rounds of layoffs resulting in more than 21,000 cuts, budget reduction and strategy changes as part of Mr Zuckerberg's plans for a "year of efficiency".

Meta Platforms Inc, owner of Facebook, slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a three-part round of layoffs, part of a plan announced in March to eliminate 10,000 roles.

Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.

Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.

Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.

Shares in Facebook parent Meta surged Wednesday after the internet titan reported it made a profit of $5.7 billion (roughly Rs. 46,500 crore) in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.

Meta, the parent company of Facebook, Instagram and Whatsapp, paid CEO Mark Zuckerberg nearly $2.3 million in 2022 for his personal private jet travel.

Meta on Wednesday cut more jobs as the Facebook parent firm laid off engineers and adjacent tech teams. The layoffs prompted expressions of frustration from Meta employees, who said the cuts had "shattered the morale and confidence in leadership of many high performers who work with intensity."

Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.

Meta Platforms Inc. is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg's goal of greater efficiency.

She explained how Meta was not hiring new employees while she was there in the clip titled "Getting paid $190k to do nothing at Meta".

Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...

Meta Layoffs: A Meta employee has revealed that her maternity leave was cut short due to the layoffs, after spending three years at the company.

Employee morale at the tech giant has plummeted after months of turmoil, including several rounds of layoffs resulting in more than 21,000 cuts, budget reduction and strategy changes as part of Mr Zuckerberg's plans for a "year of efficiency".

Meta Platforms Inc, owner of Facebook, slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a three-part round of layoffs, part of a plan announced in March to eliminate 10,000 roles.

Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.

Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.

Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.

Shares in Facebook parent Meta surged Wednesday after the internet titan reported it made a profit of $5.7 billion (roughly Rs. 46,500 crore) in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.

Meta, the parent company of Facebook, Instagram and Whatsapp, paid CEO Mark Zuckerberg nearly $2.3 million in 2022 for his personal private jet travel.

Meta on Wednesday cut more jobs as the Facebook parent firm laid off engineers and adjacent tech teams. The layoffs prompted expressions of frustration from Meta employees, who said the cuts had "shattered the morale and confidence in leadership of many high performers who work with intensity."

Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.

Meta Platforms Inc. is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg's goal of greater efficiency.

She explained how Meta was not hiring new employees while she was there in the clip titled "Getting paid $190k to do nothing at Meta".

Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...

Meta Layoffs: A Meta employee has revealed that her maternity leave was cut short due to the layoffs, after spending three years at the company.