Meta to cut 10000 jobs and 5000 open roles in efficiency push – The Japan Times

Category: Social Networking

Meta Platforms plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months.

The Facebook parent company has been marketing 2023 as a year of efficiency in an effort to improve its financial performance and achieve longer-term goals. As part of those efforts, Meta is flattening the organization, canceling lower priority projects and slowing hiring, Chief Executive Officer Mark Zuckerberg said in a statement on Tuesday.

The worlds largest social-networking company in November already laid off 11,000 people, or 13% of its staff.

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this FAQ.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.By subscribing, you can help us get the story right.

View original post here:
Meta to cut 10000 jobs and 5000 open roles in efficiency push - The Japan Times

Related Posts
March 20th, 2023
No comments yet

Comments are closed.