Facebook will fire hundreds more – Bloomberg

March 8, 2023



(RT) ⸻ Meta, the parent company of Facebook, Instagram and WhatsApp, is planning a new series of layoffs affecting thousands of employees as soon as this week, Bloomberg reported on Tuesday. Last November, the social networking giant announced a major cost-cutting plan that included sacking nearly 11,000 people, or 13%. The reported upcoming dismissals would be in addition to those, and are being driven by the company's financial targets. Meta CEO Mark Zuckerberg has also pitched 2023 as the "Year of Efficiency," aimed at drastic cost cuts.

Meta Facebook Whatsapp Zuckerberg

Comments

Related news


PM's assistant warns nation "would perish" without more children.

Read more

Iran reports more than 100 arrests related to poisonings at schools.

Read more

After the tornado in Mississippi, more storms are expected.

Read more

New Twitter CEO under fire for WEF links

Read more

Bill Gates proposes a worldwide pandemic "fire department"

Read more

According to a Gallup study, American Democrats now sympathise more with Palestinians than Israelis.

Read more

Hollywood pressures Biden to fire Harris, reports the media

Read more

Fire at US uranium site

Read more

More pension demonstrations break out in France as street violence increases

Read more

According to a research, BRICS has more economic clout than the G7.

Read more