Added on : 2023-03-15 08:56:51
Meta has announced another round of layoffs in 2023. Last year, the company fired as many as 11,000 employees and it is now all set to sack 10,000 more workers. Meta has announced the latest layoff news in a blog post and the tech giant has also apologized for its latest decision. Meta’s CEO Mark Zuckerberg also confirmed that restructurings and layoffs in tech groups will be done in late April, and business groups will be affected in late May.
“Over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates. With less hiring, I’ve made the difficult decision to further reduce the size of our recruiting team. We will let recruiting team members know tomorrow whether they’re impacted,” he said in an email sent to laid-off Meta employees.