Breaking: Facebook parent Meta said it would cut roughly 10,000 jobs over the coming months, its second major round of major layoffs
Facebook parent Meta Platforms Inc. said it would cut roughly 10,000 jobs over the coming months, its second major round of layoffs, which the company says are aimed at making it more efficient in a difficult economy.
Meta Chief Executive Mark Zuckerberg said in an email to staff on Tuesday that the company will in the coming months conduct multiple rounds of job cuts, as well as canceling some projects and reducing hiring rates as part of what he has dubbed the “year of efficiency.”
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