Facebook’s parent company expected to announce more job cuts

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Facebook’s parent company expected to announce more job cuts
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Facebook’s parent company expected to announce more job cuts.

It’s part of a monthslong downsizing and restructuring effort that will trim 10,000 employees amid multiple waves of layoffs.

According to an internal memo obtained by the Washington Post, Meta’s head of human resources, Lori Goler, wrote Tuesday evening that the company will start notifying employees on its technical teams whose jobs are being cut. Meta is also poised to announce newly reorganized teams and management hierarchies as the social media giant seeks to become leaner and more efficient.

According to Goler, teams working on Facebook, WhatsApp, Messenger, Instagram and the virtual-reality division reality labs among others will be affected. The latest layoffs build on November workforce cuts that slashed 11,000 jobs, or about 13% of Meta’s workforce, in the first widespread layoffs in the company’s history.Copyright 2023 CNN Newsource. All rights reserved.

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