New round of layoffs start at Meta globally: Teams affected, jobs cut and more

Meta is reportedly cutting 4,000 technical roles across its platforms Facebook, WhatsApp and Instagram in its second round of layoffs. The move, announced in an SEC filing, comes after CEO Mark Zuckerberg said in March that the company would cut 10,000 jobs amid economic uncertainty. The next round of layoffs may focus on product-facing teams and business-facing roles, such as finance, legal and HR, and the company is also likely to be restructuring and changing hierarchy post the layoffs. Instagram will be winding down its presence in London, with some individual roles returning to North America.

from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/gb7XLik

Comments

Popular posts from this blog

Airtel sees huge jump in demand for international roaming, plans start at Rs 133 per day

Ducati unveils special Troy Bayliss edition Panigale V2

WhatsApp starts testing voice notes for status with select iOS beta users: Report