Meta is laying off 10,000 more employees in a series of cuts
by Alex Heath from The Verge - All Posts on (#69SP8)
Illustration: Nick Barclay / The Verge Meta will lay off an additional 10,000 employees through multiple rounds of cuts over the coming two months, close hiring for 5,000 open roles, and cancel more low-priority projects, CEO Mark Zuckerberg announced on Tuesday. These cuts come just four months after he laid off 11,000 employees, or 13 percent of the company, last November.
The first wave of layoffs will start this week and impact Meta's recruiting organization, followed by a second wave for tech roles in April and a third focused on business roles in late May. My hope is to make these org changes as soon as possible in the year so we can get past this period of uncertainty and focus on the critical work ahead," Zuckerberg wrote in a memo to employees that was also posted o...