The Wall Street Journal reported that the layoffs could impact 'many thousands' of Meta employees
Image: Shutterstock FACEBOOK-PARENT COMPANY META will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, US media reported yesterday.
As of 30 September, Meta had about 87,000 employees worldwide across its different platforms, which include social media sites Facebook and Instagram as well as messaging platform Whatsapp.In his announcement of Meta’s disappointing third quarter results, CEO Mark Zuckerberg said the firm’s staff would not increase by the end of 2023, and might decrease slightly.
Another employee that has been laid off in Ireland tweeted: “I loved this company with all my heart. I was incredibly proud to work here for nearly five years learning from the best people but all good things come to an end.”
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