Facebook parent Meta reportedly planning new round of job cuts

Philippines News News

Facebook parent Meta reportedly planning new round of job cuts
Philippines Latest News,Philippines Headlines
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

The job cuts at Meta are part of a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday

is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday.Last year, the social media giant said it will let go of 13 per cent of its workforce, or more than 11,000 employees, as it grappled with soaring costs and a weak advertising market.

Meta plans to push some leaders into lower-level roles without direct reports, flattening the layers of management between top boss Mark Zuckerberg and the company’s interns, the Washington Post reported, citing a person familiar with the matter.Your Globe

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mark Zuckerberg wants to start charging for verification. Here’s what users thinkMark Zuckerberg wants to start charging for verification. Here’s what users thinkMeta CEO Mark Zuckerberg announced Meta Verified on his social media accounts Sunday. Here's how social media users are reacting to the news.
Read more »

Meta testing new subscription service for verified accounts - Terrace StandardMeta testing new subscription service for verified accounts - Terrace StandardMeta is testing a new subscription service that would let Facebook and Instagram users pay for a verified account.
Read more »

Billion-dollar U.K. mass action lawsuit against Facebook over market dominance rejected - for nowBillion-dollar U.K. mass action lawsuit against Facebook over market dominance rejected - for nowFacebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds.
Read more »

Billion-dollar U.K. mass action lawsuit against Facebook over market dominance rejected - for nowBillion-dollar U.K. mass action lawsuit against Facebook over market dominance rejected - for nowFacebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds.
Read more »

Billion-dollar U.K. mass action lawsuit against Facebook over market dominance rejected - for nowBillion-dollar U.K. mass action lawsuit against Facebook over market dominance rejected - for nowFacebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds.
Read more »

White nose syndrome probably in B.C. bats, says biologistWhite nose syndrome probably in B.C. bats, says biologistDeadly fungus was found in Alberta last year and has been in Washington state since 2016.
Read more »



Render Time: 2025-04-05 05:52:52