Thousands of Meta workers hit by new round of layoffs as company cuts costs

April 19, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Social media firm will cull 4,000 jobs immediately as part of larger plan to cut 10,000 jobs amid tech industry slump

Meta workers are bracing for thousands of additional layoffs as the embattled social media firm continues to cut costs.

A new round of layoffs began on Wednesday, according to a report from CNBC that was confirmed by Meta. The company will cull 4,000 jobs immediately as part of a larger plan to cut 10,000 jobs announced earlier this year, focusing largely on technical roles.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Thousands of Meta workers hit by new round of layoffs as company cuts costs

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