The company’s founder and chief executive Mark Zuckerberg said that Meta would lay off 10,000 employees as part of a new round of job cuts. He stated that the company would also close about 5,000 open roles that have yet to be filled. “Organization leaders will announce restructuring plans focused on flattening our companies, canceling lower priority projects, and reducing our hiring rates,” Mr. Zuckerberg said in a statement.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Türkiye eyes hundred billion dollars tourism revenue by 2028

Türkiye is shooting for tourism revenues of $100 billion by 2028, over…

Mango festival held in china

Hongqiao Import Commodities Exhibition and Trading Center (HQIICET) conducted the Pakistani mango festival…

Japan accuses China of violating its airspace

Japan has accused China of violating its airspace, saying such a breach…

Palestinians killed in Israeli air strikes on Gaza

Israeli air strikes on Khan Younis in southern Gaza killed a number…