Mark Zuckerberg

Meta expected to announce major job losses

Meta, Facebook’s parent company, is reportedly planning to start mass layoffs this week, affecting thousands of employees. The job cuts could be announced as early as Wednesday, according to US media reports. During Meta’s disappointing third-quarter results, CEO Mark Zuckerberg stated that staffing may be reduced. “In 2023, we will concentrate our investments on a small number of high-priority growth areas,” he said. Meta employs approximately 87,000 people worldwide acr...[Read More]