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, ...

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...

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 ...

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...

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 ...

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.

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.

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 ...

February 2, 2024 - So much, in fact, that it’s now a “permanent part” of how the company will operate, Zuckerberg said. Facebook held several rounds of mass layoffs during the year, shedding around 22 percent of its total workforce.

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

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.

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.

February 13, 2023 - February 13, 2023 By William White, InvestorPlace Writer Feb 13, 2023, 10:53 am EDT February 13, 2023 ... META) layoffs could be on the way for employees. That comes amid reports the Facebook parent company is considering more job cuts.

April 19, 2023 - Meta CEO Mark Zuckerberg then declared 2023 the "year of efficiency," and proceeded with a plan of an additional 10,000 job cuts in March, resulting in restructuring costs of between $3 billion and $5 billion.

April 19, 2023 - The Facebook parent company told managers that they should prepare for job cut announcements on Wednesday, according to a memo seen by Bloomberg News. The memo indicates Facebook, WhatsApp, Instagram and Reality Labs — which houses the firm’s virtual reality efforts and Quest hardware — will be affected.

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 ...

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.

March 14, 2023 - Meta has announced that it’s cutting thousands more jobs. This comes just months after Meta laid off 11,000 workers and comes as part of CEO Mark Zuckerberg’s goal of making this the “year of efficiency.”

May 24, 2023 - Some smaller reductions may continue through the end of 2023, Zuckerberg said in March. Meta (formerly Facebook) corporate headquarters is seen in Menlo Park, California on November 9, 2022.