cryptonews: Meta has announced that it is cutting another 10,000 jobs — one day after confirming it was stepping back from NFTs.👀
Meta has announced that it is cutting another 10,000 jobs — one day after confirming it was stepping back from NFTs.
Mark Zuckerberg has declared that he wants 2023 to be a "year of efficiency" — but analysts and shareholders have continued to express concern about the vast sums being spent on the metaverse. He went on to reveal that 5,000 open positions at Meta are going to be closed — and in a warning that the turbulence could be far from over, he spoke of "the possibility that this new economic reality will continue for many years."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zuckerberg Confirms Meta's Cutting 10,000 Staff by Year's EndMeta’s Mark Zuckerberg told Meta employees he also plans to close another 5,000 open positions during this expanded ‘year of efficiency.’
Read more »
Meta Cutting Another 10,000 Jobs And Instituting Hiring FreezeMeta – the parent of Facebook, Instagram and WhatsApp – will cut another 10,000 jobs and undergo a hiring freeze in what CEO Mark Zuckerberg is calling the ‘Year of Efficiency&82…
Read more »
Facebook parent Meta cutting another 10K jobsMeta is eliminating an additional 10,000 employees on top of the 11,000 workers laid off late last year.
Read more »
EU lawmakers approve CO2-cutting targets and expanding forest carbon sinksThe European Parliament gave its final approval on Tuesday to tougher national targets to cut emissions in some sectors, and expand CO2-absorbing natural ecosystems like forests.
Read more »
8-year-old boy accused of cutting another child’s throat, threatening to ‘kill everyone’The 8-year-old was arrested in Lake County, Florida, for allegedly choking and slashing another boy.
Read more »
Novo Nordisk becomes latest to announce it is cutting insulin prices by up to 75% | CNNNovo Nordisk said Tuesday it will slash the list prices of several of its popular pre-filled insulin pens and vials by up to 75%, becoming the latest drugmaker to reduce the cost of the critical medicine for diabetes patients. The change will take effect January 1.
Read more »