In an internal all-hands meeting, the chief executive explained his plans for artificial intelligence, the metaverse and ...
Meta Chief Executive Mark Zuckerberg in March said the bulk of the layoffs in the company’s second round would take place in three “moments” over several months, largely finishing in May.
Zuckerberg said around 10,000 people will be affected by the April and May layoffs. Several other divisions have also been affected by the "flattening" restructuring strategy. Meta laid off most ...
An curved arrow pointing right. Mark Zuckerberg addressed Meta staff in a companywide meeting Thursday after the latest round of layoffs. According to a recording of the call obtained by The ...
That brings the company’s total layoffs to 10,600 in the first half of 2023, as part of Mark Zuckerberg’s planned “year of efficiency” to cut costs, shake up company culture, and narrow ...
“Going through restructuring and layoffs and changes like this is obviously a very difficult thing,” Zuckerberg told employees in a company-wide call on Thursday, according to the Washington Post.
Last November, Meta laid off 11,000 workers, and its CEO, Mark Zuckerberg, delivered the news ... locations in the world and cannot do all layoffs in person. The practice is leading to a public ...
Employees knew the layoffs were coming. Meta founder and CEO Mark Zuckerberg announced in a March blog post that he would cut 10,000 jobs across two rounds of layoffs in late April and late May ...
After profoundly missing the mark and burning $15 billion in his quest to push the metaverse, Meta-formerly-Facebook CEO Mark ...
In retrospect, I underestimated the indirect costs of lower priority projects,” Zuckerberg wrote in a later post. Meta’s continued layoffs follow a turbulent time for the company and the tech ...
That brings the company’s total layoffs to 10,600 in the first half of 2023, as part of Mark Zuckerberg’s planned “year of efficiency” to cut costs, shake up company culture, and narrow ...
Employees knew the layoffs were coming. Meta founder and CEO Mark Zuckerberg announced in a March blog post that he would cut 10,000 jobs across two rounds of layoffs in late April and late May, even ...