BREAKING: Facebook parent Meta will slash another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
A person stands in front of a Meta sign outside of the company's headquarters in Menlo Park, Calif., Tuesday, March 7, 2023. Facebook’s parent Meta will slash another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs. A person stands in front of a Meta sign outside of the company's headquarters in Menlo Park, Calif., Tuesday, March 7, 2023.
Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs. The company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, and then its business groups in late May. “This will be tough and there’s no way around that,” said CEO Mark Zuckerberg. “It will mean saying goodbye to talented and passionate colleagues who have been part of our success.”
The Menlo Park, California, company has invested billions of dollars to realign its focus on the metaverse. In February it posted
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