Tag: meta us layoff

Here’s how Meta plans to help employees after recent layoffs

Here’s how Meta plans to help employees after recent layoffs

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Meta CEO Mark Zuckerberg announced that his company will be laying off more than 11,000 employees in the US.  Taking responsibility for the layoff, Mark Zuckerberg said in a blog post that he ‘is sorry for those impacted’ and that the company will compensate them and help them get another job. Meta has said those […]

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Meta to cut more than 11,000 jobs in one of biggest US layoffs this year

Meta to cut more than 11,000 jobs in one of biggest US layoffs this year

cpooldigitalLeave a Comment on Meta to cut more than 11,000 jobs in one of biggest US layoffs this year

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The broad job cuts, the first in Meta’s 18-year history, follow thousands of layoffs […]

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