The parent company of Facebook, Meta, has confirmed it will reduce its workforce by 10,000 in the coming months, after laying off 11,000 in December.
This was disclosed on Tuesday by Mark Zuckerberg, Chief Executive Officer of Meta, through his Facebook page.
He wrote: “Here’s the timeline you should expect. Over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, cancelling lower priority projects, and reducing our hiring rates,” he wrote.
“Overall, 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.