
Meta plans thousands more layoffs as soon as this week
The world's largest social networking company is eliminating more jobs, on top of a 13% reduction in November, sources told Bloomberg.
The world's largest social networking company is eliminating more jobs, on top of a 13% reduction in November, sources told Bloomberg.
Meta Platforms is asking many of its managers and directors to transition to individual contributor jobs or leave the company, sources say.
The parent company of Facebook and Instagram, said advertisers will no longer be able to use a teenager's gender to target them
The billionaire is reportedly using the cuts to balance out the remaining staff.
New Twitter Inc. owner Elon Musk emailed his workers for the first time late Wednesday to prepare them for "difficult times ahead" and ban remote...
Facebook parent company Meta Platforms plans to begin widespread job cuts on Wednesday, according to people familiar with the matter.
Some of those who are being asked to return were laid off by mistake, according to two people familiar with the moves.
The decision marks an end to an era of rapid growth at the social media giant.