Meta axes another 10000 jobs in new round of cuts – Arab News
- The first victims will be Meta’s recruitment department as the company officially puts an end to the hiring spree that came when big tech ramped up operations to meet high demand during the coronavirus pandemic
WASHINGTON: Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company’s “year of efficiency” as the US tech sector continues to downsize.
In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles would remain unfilled.
The cuts follow a cull of 11,000 positions announced by the company in November that started a wave of similar jobs cuts across big tech companies, including Amazon, Google and Microsoft, but not Apple.
With the second announcement, the California-based company will have ridded itself of roughly 25 percent of its workforce in just four months.
“This will be tough and there’s no way around that. It will…
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source: https://news.oneseocompany.com/2023/03/14/meta-axes-another-10000-jobs-in-new-round-of-cuts-arab-news_2023031442011.html
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