The latest layoffs, announced on Tuesday, come after Meta said in November that it was eliminating approximately 13% of its workforce, or 11,000 jobs, in the single largest round of cuts in the company’s history. In a Facebook post Tuesday, CEO Mark Zuckerberg said the job cuts will take place “over the next couple of months.” “We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May,” he wrote.
In a “small number of cases, it may take through the end of the year to complete these changes.” “Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired,” Zuckerberg said. Meta is far from the only Big Tech company to undergo layoffs amid higher inflation, recession fears and a whiplash in pandemic-induced demand.
Unfortunate situation, Allah save the world.
They weren't doing much anyway.
They should still do it in Ukraine, and in preparation get the f ing Russians out.
Good. Hopefully that will grow.
The Championship game should be on Gibraltar.
😊😊😊
They’re geographically on the same map .
Elections have consequences. Shame.
Imthe country or countries that give the more quantity of money for the fifa's representantes, will obtain the world cup. And the matches will be fixed to obtain a final with countries that are supported around the globe. Maybe Argentina will obtain 9 penalties this time.
That is indeed a good development and it is indeed very interesting...Lets see how it will shared and share the hosting between themselves
That's a good Iberia
Rubber bullets, tear gas shells and water cannons with chemical water fired at ImranKhanPTI residency by imported govt of Pakistan just to run from election.
Spain and Portugal should find other partner
But the government wants to lie and say unemployment is down
Proving banning freedom of speech is bad, being woke is worse.
Hopefully it’s all the transplants in ATX
Dont care. Go woke go broke.
A few months ago they didnt knew what to do with all that money they were making, now laying off by the thousands. Lol
👏👏👏😆👍👏👏👏😆😎🇺🇸
Zero coverage of jobs being created by Biden's recent legislative victories, even though those jobs are now showing up in the monthly job creation numbers. Instead we get breathless reports about job cuts at tech firms that overall have had zero impact on continued job growth.
staggering numbers...good luck on your job hunt
Good thing the Biden economy is so strong🤣🤣
Why don't you frame this as 'Meta invested too much money in a failed venture...no one was interested in its product'
Meta is the future, without people
Wow; there will be 10,000 Progressive, Leftist, Socialist, Scum Bags out of work for spewing their LIES & B.S. Hmmmm.........karma has a way of making things right. If only CNN would finally get rid of Pompous, Sweetheart, Socialist- Donnie.
That's good. Too many people slacking off at home and being back fact checkers! Everyone should be working in the office, not remotely!
Bye bye
Winning.
They can just go ahead and shut the doors to the place. All that's on Facebook is ads.
We all saw what they did during the day..adult daycare is over…time to get a real job!
You chastised Musk in your headline when he laid off 700...
Clown News Network. How are you people still around?
Was among the Best Companies to Work for . Now it's must certainly be among the worst. How could companies such as Google , Meta etc despite making profits , will sack competent people to save on Employee Cost and boost profits. Just managing for the day. What a shame
Thanks for the sour grapes, mate!! Now we know that you're complice to the meta effect.
Go woke go broke. Fascist fake news propagandist CNN will soon follow suit.
Guess who most Meta employees voted for last presidential election
a few Ks factchecker/ democrt/gmnt operators that'd be ducky
Makes you wonder why they had so many employees in the first place?
Remember to thank Joe Biden for all the mess he has created!!
Wow! How many people work there
Remember when elonmusk took over Twitter laid off some stsff and it was 24/7 live coverage from in front of twitter hq just waiting for one crying programmer to sob on air and all they got was Ligma and Johnson?
👋👋👋👋👋
But I thought Biden's economy was booming?
My only dog in this fight
Announcing layoffs has become a fashion statement 😌
But Bidens economy is as strong as ever? Least thats what you hear while mass lay offs, banks shutdown for good.
O no!! It was a huge deal when Twitter elonmusk did this but now it’s nothing bc isn’t making a deal about it
Will Zuckerberg be trashed like elonmusk was?
Go woke go broke
Waiting for you to attack Zuckerberg like you did Elon Musk when he laid people off. Oh wait. Somehow this will be different.
Damn shame! All those people jobless. These Tech firings are like those factory mass layoffs back in the 80s and 90s. The thing about Facebook is the company built all this super extra campus across the road from the main campus in Menlo Park… gonna sit empty now.🤔
I don't understand why people still support this company. Just delete your Facebook. Zuckerberg is gone
عاجل وخطير، عاجل وردنا الان مايلي/ بسبب مهاجمة الرئيس الاسرائيلي للنظام الشيوعي الحاكم بكوريا الشماليه ،وجهت الاخيره صواريخ بعيدة المدى بأتجاه اسرائيل ،،وذكر مصدر موثوق به ان عدد الصواريخ الموجهه ٣٨٦ صاروخ وغير معلوم ان كانت تدمير شامل او تقليديه
Don't know why anyone would still be using Facebook at this point anyway... We will be better off as a country when that site is gone for good.
Mark dumped billions of dollars and in return he got nothing to show for it. We living in a time that people believe they’re entitled to get paid for doing nothing.
Looks like Facebook and Instagram are finally unfriending some employees
Karma getting back to Zuckerberg for trying to divide this great country 👏👏👏
Delete Facebook!
What's Facebook?
Former Prime Minister of Pakistan ImranKhanPTI house is under attack by the government right now. His political workers are being tortured by the police and rangers. Brutality of the sitting government is at peak. A few days back PTI’s political worker Zille Shah is murdered.
Time for them to look for another job
Hey CNN, where are the stories about pregnant women getting laid off weeks before maternity leave? Or did that only happen at Twitter because elonmusk?
Has anyone here have see ln the 🎬 movie, with Danielle Harris and David Gross?.
Damn
That’s a lot of people. 🫤
K_JeanPierre , America’s own Baghdad Bob: “Everything is great! The economy has never been better” Wheeeeeeee!!
Yahoo! More pocket money for MarkZuckerberg, elon_musk, and the robber barons on America!
Best economy ever
Wow why would elon do this
most jobs ever created folks.