See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Meta has started its latest round of layoffs, focusing on business groups

Posted on AllSides May 24th, 2023
From The Center
Technology, Big Tech, Meta, Layoffs
David Paul Morris | Bloomberg | Getty Images

Meta has begun its third round of layoffs as part of the company’s multi-billion plan to save costs.

The latest round of cuts targets members of Meta’s business groups and follows a previous round of layoffs in April that affected employees in technical roles. About 10,000 workers will lose their jobs between the April and May cuts, following the company’s first round in November that affected 11,000 employees.

Meta employees with roles in user experience, marketing, recruiting and engineering took to LinkedIn to announce they had been let go on Wednesday, backing up an earlier...

Read full story
Some content from this outlet may be limited or behind a paywall.
https://www.cnbc.com/2023/05/24/meta-layoffs-latest-round-of-cuts-focuses-on-business-groups.html

More News about Technology from the Left, Center and Right

From the Left

From the Center

From the Right