By using this site, you agree to the Privacy Policy and Terms Of Use.
Accept
WhatsNew2DayWhatsNew2Day
  • Home
  • Australia
  • Business
  • Economy
  • Entertainment
  • Gaming
  • Health
  • Lifestyle
  • Science
  • Sports
  • Tech
  • US
  • World
Reading: Meta will lay off more than 10,000 employees, says Mark Zuckerberg
Share
Aa
WhatsNew2DayWhatsNew2Day
Aa
  • Home
  • Contact
  • About us
  • Privacy Policy
  • Home
  • Australia
  • Business
  • Economy
  • Entertainment
  • Gaming
  • Health
  • Lifestyle
  • Science
  • Sports
  • Tech
  • US
  • World
Follow US
© 2022 WhatsNew2Day News Network. All Rights Reserved.
WhatsNew2Day > News > Meta will lay off more than 10,000 employees, says Mark Zuckerberg
News

Meta will lay off more than 10,000 employees, says Mark Zuckerberg

Last updated: 2023/03/14 at 9:46 AM
Jacky 1 week ago
Share
Meta will lay off more than 10,000 employees, says Mark Zuckerberg
SHARE

Meta, the parent company of Facebook and Instagram, plans to lay off more than 10,000 employees in the coming months, CEO Mark Zuckerberg announced Tuesday.

The company expects to close another 5,000 open positions it had not been filled.

“This will be difficult and there is no way around it,” Zuckerberg wrote in a Facebook post. “It will mean saying goodbye to talented and passionate colleagues who have been a part of our success. They have dedicated themselves to our mission and I am personally grateful for all their efforts. We will support people the same way we have before and treat everyone with the gratitude they deserve.”

(Shutterstock)

The moves are part of a restructuring plan that Zuckerberg says he hopes will make Meta a better technology company and “improve our financial performance in a challenging environment.”

“With fewer hires, I have made the difficult decision to further reduce the size of our recruiting team,” Zuckerberg wrote. “We will let the recruiting team know tomorrow if they are affected. We expect to announce restructuring and layoffs in our technology groups in late April and then in our business groups in late May. In a small number of cases, it may take until the end of the year to complete these changes.”

Source link

You Might Also Like

Center of attention: Giants eyeing interior offensive line after Jon Feliciano and Nick Gates depart

Health ministry holds 1st conference on Mediterranean anemia, sickle cell anemia in adults

Convicted Nigerian fugitive extradited to US

Nebraska Legislature set to vote on transgender health bill

World Bank and Egypt Agree on a New $7 Billion Five-Year Plan to Support Egypt’s Development

TAGGED: employees, Lay, Mark, Meta, Zuckerberg
Jacky March 14, 2023
Share this Article
Facebook Twitter Email Print
Share
Previous Article PICTURED: Megan Fox is seen partying WITHOUT her engagement ring amid the Machine Gun Kelly drama PICTURED: Megan Fox is seen partying WITHOUT her engagement ring amid the Machine Gun Kelly drama
Next Article Meta CEO Mark Zuckerberg confirmed the layoffs in an announcement Tuesday morning. Facebook parent company Meta confirms 10,000 layoffs in the coming months

Latest

Jon Feliciano leaves via free agency and leaves a Giant hole on Big Blue's offensive line.
Center of attention: Giants eyeing interior offensive line after Jon Feliciano and Nick Gates depart
News
Memphis Tigers guard Jamirah Shutes (23) is escorted off the court after the altercation.
Memphis basketball player is charged with assault after she PUNCHED a Bowling Green player
US
Health ministry holds 1st conference on Mediterranean anemia, sickle cell anemia in adults
Health ministry holds 1st conference on Mediterranean anemia, sickle cell anemia in adults
News
Convicted Nigerian fugitive extradited to US
Convicted Nigerian fugitive extradited to US
News
Nebraska Legislature set to vote on transgender health bill
Nebraska Legislature set to vote on transgender health bill
News
World Bank and Egypt Agree on a New $7 Billion Five-Year Plan to Support Egypt’s Development
World Bank and Egypt Agree on a New $7 Billion Five-Year Plan to Support Egypt’s Development
News

nba 2k23 mt

© WhatsNew2Day News Network. All Rights Reserved. Email: contact@whatsnew2day.com

  • Home
  • Contact
  • About us
  • Privacy Policy

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?