The move is part of a cost-cutting push announced in March that will see 10,000 positions go at social media giant Meta and a number of vacant jobs go unfilled.
The job losses apply to full-time Meta employees in Ireland, rather than contract workers. The company employs thousands of temporary and contract workers through partnerships with third-party firms.
The move is part of a cost-cutting push announced in March that will see 10,000 positions go at the company and a number of vacant jobs go unfilled. Meta axed about 350 roles here in a previous round of redundancies last year, when it cut about 13 per cent of its global workforce – or 11,000 jobs – in November. At the time, the company had more than 87,000 employees, including more than 3,000 in Ireland.
But the tech downturn has hit the company hard. Meta reported its first revenue drop in a decade last July, and chief executive Mark Zuckerberg warned the economic downturn would have a negative impact on digital advertising.Speaking in the Dáil this morning, Taoiseach Leo Varadkar said the State would offer support to those affected by the lay-offs.
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