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
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