Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Meta starts new round of layoffs focused on skilled workers By: FOX Business April 19, 2023 at 13:22 PM EDT Facebook parent company Meta began its latest round of layoffs Wednesday which will reportedly impact about 4,000 workers in the company's engineering staff. Facebook parent company Meta started its latest round of layoffs on Wednesday as part of a previously announced effort to restructure the tech giant's workforce by downsizing about 10,000 employees in multiple rounds of layoffs.Up to 4,000 workers may be affected by the latest round of layoffs according to reports.The latest layoffs focus on Meta’s engineering staff and workers were notified that they were being let go in emails sent early on Wednesday. META TO LAY OFF 10,000 EMPLOYEES IN LATEST ROUND OF JOB CUTSMeta CEO Mark Zuckerberg previously indicated that the company is also planning close an additional 5,000 additional open roles that haven’t been filled as part of the company’s effort to become leaner through its "Year of Efficiency" restructuring campaign.This is a developing story and may be updated.GET FOX BUSINESS ON THE GO BY CLICKING HERE Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Meta starts new round of layoffs focused on skilled workers By: FOX Business April 19, 2023 at 13:22 PM EDT Facebook parent company Meta began its latest round of layoffs Wednesday which will reportedly impact about 4,000 workers in the company's engineering staff. Facebook parent company Meta started its latest round of layoffs on Wednesday as part of a previously announced effort to restructure the tech giant's workforce by downsizing about 10,000 employees in multiple rounds of layoffs.Up to 4,000 workers may be affected by the latest round of layoffs according to reports.The latest layoffs focus on Meta’s engineering staff and workers were notified that they were being let go in emails sent early on Wednesday. META TO LAY OFF 10,000 EMPLOYEES IN LATEST ROUND OF JOB CUTSMeta CEO Mark Zuckerberg previously indicated that the company is also planning close an additional 5,000 additional open roles that haven’t been filled as part of the company’s effort to become leaner through its "Year of Efficiency" restructuring campaign.This is a developing story and may be updated.GET FOX BUSINESS ON THE GO BY CLICKING HERE