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Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder and CEO Mark Zuckerberg said Tuesday, confirming recent ...
Meta Platforms, Inc. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Meta founder and CEO Mark Zuckerberg announced in a March blog post that he would cut 10,000 jobs across two rounds of layoffs in late April and late May, even though Meta already eliminated ...
In the second quarter of 2022, Meta posted its first-ever revenue decline; the following quarter, Meta’s revenue declined 4% year over year to hit $27.7 billion. Meanwhile, net income was just ...
In November, Meta laid off more than 11,000 people, which equated to around 13 percent of its headcount at the time. That marked the company's first round of mass layoffs. That marked the company ...
Meta will also be slashing nearly 500 jobs from its Irish office, about 20 percent of its workforce in the country, according to a separate report. Meta declined to comment on the cuts.
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