May 24, 2023 - By Katie PaulMay 24, 20239:43 PM ... slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a three-part round of layoffs, part of a plan announced in March to eliminate 10,000 roles...

May 24, 2023 - Even among cuts aimed specifically ... to executives speaking at a company town hall afterward. About 4,000 employees lost their jobs in the April layoffs, Zuckerberg said during the town hall, following a smaller hit to ...

March 14, 2023 - March 14, 2023 · Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about 10,000 employees, or roughly 13 percent of its work force, the latest move to hew to what the company’s founder, Mark Zuckerberg, ...

March 14, 2023 - He also outlined when other teams would be informed: "We expect to announce restructurings and lay-offs in our tech groups in late April 2023, and then our business groups in late May 2023," he wrote in the memo to staff on Tuesday.

Update 3/14: Zuckerberg has confirmed in an open letter to employees that layoffs will occur in multiple waves, beginning on March 15 and continuing in April and May. Facebook will be the first Big Tech company to undergo a second wave of layoffs.

April 14, 2023 - This February, CEO Mark Zuckerberg ... layoffs were to come in 2023 for the company now called Meta—following the 11,000 employees axed in November, the first mass job losses to ever hit the once insurmountable social media ...

April 19, 2023 - Meta’s continued layoffs are part of Zuckerberg’s plans for a “year of efficiency” in 2023. The layoffs are a reminder that after nearly two decades of almost uninterrupted growth, major tech companies like Meta are now undergoing an intense period of cutbacks and belt-tightening measures.

March 14, 2023 - 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...

January 15, 2025 - Facebook news: Meta shelves fact-checking in policy reversal ahead of Trump administration · The social media company initiated several restructuring changes in 2022, resulting in around 11,000 job cuts, before eliminating roughly 10,000 roles in ...

March 15, 2023 - In a SEC filing announcing the cuts, Meta also said it anticipated lowered total expenses in 2023, ranging from $86 billion to $92 billion. The new round of layoffs follows a previous round of cuts, announced in November, that affected more ...

April 19, 2023 - Social media firm will cull 4,000 jobs immediately as part of larger plan to cut 10,000 jobs amid tech industry slump

March 14, 2023 - By Katie Paul and Nivedita BaluMarch 14, 202311:17 PM UTCUpdated March 14, 2023 · March 14 (Reuters) - Facebook-parent Meta Platforms (META.O), opens new tab said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company ...

April 20, 2023 - Zuckerberg had previously said April cuts would affect roles in tech departments, while another round of layoffs planned for May will hit the business side. Some have speculated that many projects and teams within the Facebook app and Reality Labs, the unit dedicated to augmented and virtual reality experiences, will see the ax soon.

May 25, 2023 - Attendees visit the Meta booth at the Game Developers Conference 2023 in San Francisco in March. (Jeff Chiu/AP) ... Meta chief executive Mark Zuckerberg attempted to rally the troops on Thursday, following multiple rounds of layoffs that have decimated the social media giant’s workforce. Zuckerberg told employees during a companywide meeting that he hopes the Facebook parent company will have more stability but less bureaucracy in the future, according to a recording of the call listened to by The Washington Post.

May 25, 2023 - After laying off nearly 10,600 people in recent months, the CEO said “this has been a particularly thrashy period” in a leaked Q&A.

April 19, 2023 - (Josh Edelson/AFP/Getty Images) By Naomi Nix · Facebook parent company Meta began handing out a new round of pink slips Wednesday, part of a months-long downsizing and restructuring effort that will trim 10,000 employees amid multiple waves ...

January 15, 2025 - Meta plans to backfill the terminated positions in 2025, and affected employees will receive "generous severance packages," according to Champion's memo. The latest cuts follow previous layoffs of 21,000 workers between 2022 and 2023.

March 15, 2023 - Facebook-parent Meta Platforms said on March 14, 2023 it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs.

May 23, 2023 - A half-dozen current and former employees told The Washington Post that they worry new layoffs this week could endanger content moderation · Updated May 23, 2023More than 2 years ago · 8 min · Advertisement · Advertisement · Meta headquarters in Menlo Park, Calif.