Meta spokesperson Nkechi Nneji confirmed to CNN that some previously announced layoffs were taking place Wednesday, and pointed to CEO Mark Zuckerberg’s March announcement that the company would cut another 10,000 employees in the coming months. Zuckerberg’s notice said that restructurings and layoffs in Meta’s tech groups would take place in April.
Meta has said the layoffs are part of its “year of efficiency,” as the company attempts to engineer a turnaround following repeated revenue declines, heightened competition, concerns about user growth and big losses in its Reality Labs division amid its pivot to building the so-called metaverse.
It's a sad reminder that even those in the tech industry aren't immune to the impacts of job cuts. We need to continue fighting to ensure workers of all kinds have the job security they need and deserve.
The lockdown heyday is over.
Why can't meta just go away already
Eveeyone told him thay meta verse was a joke and Noone will be adopting it because it's a garbage thing technology isn't there yet and neither is the people that know how to develop it
are there still employers to lay off? 😅