Meta Job Cuts

Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.

US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.

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

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 Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a "year of efficiency."

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.

Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.

Electronic Arts said on Wednesday it would lay off about 6 percent of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts.

US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce, joining a host of companies rationalizing their labour force following a pandemic-fuelled hiring boom.

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.

Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.

US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.

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

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 Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a "year of efficiency."

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.

Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.

Electronic Arts said on Wednesday it would lay off about 6 percent of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts.

US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce, joining a host of companies rationalizing their labour force following a pandemic-fuelled hiring boom.

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.