Meta to lay off another 10,000 employees
The latest round of layoffs comes just four months after the tech giant fired 11,000 employees
Facebook-parent Meta has reportedly said it would cut 10,000 jobs.
According to media reports, Chief Executive Officer Mark Zuckerberg in a message to staff said, "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."
“This will be tough and there's no way around that,” said Zuckerberg.
The company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April.
The latest round of layoffs comes just four months after the tech giant fired 11,000 employees.
Reports say the move underscores Zuckerberg’s push to turn 2023 into the “Year of Efficiency” with promised cost cuts of $5 billion in expenses to between $89 billion and $95 billion.
