Meta Sorting: Meta is set to launch another round of mass layoffs across Facebook, Instagram and WhatsApp as the company moves towards Mark Zuckerberg’s goal of driving greater efficiency.
In the fresh round of layoffs, around 4,000 high-skilled workers may be affected from Wednesday (today).
Earlier in March, Zuckerberg announced that his company would cut 10,000 jobs in the coming months.
Meta has already cut around 13 per cent of its workforce, affecting around 11,000 employees.
In an internal memo seen by The Washington Post, Meta said that “the company will begin notifying employees on its technical teams whose jobs are being cut”.
Meta will also announce newly restructured teams and management hierarchies, the report noted.
The Washington Post tweeted, “Facebook parent company Meta will announce details on Wednesday about new job cuts, part of a months-long downsizing and restructuring effort that will lay off 10,000 employees.”
Zuckerberg said that overall, “we expect to reduce the size of our team by approximately 10,000 people and close approximately 5,000 additional open roles that we have not yet filled”.
The latest cut comes just four months after it laid off 11,000 employees or 13 per cent of the company’s workforce in November last year.
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