Facebook owner Meta starts final round of layoffs
Meta in March became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall
Meta Platforms Inc on Wednesday started a fresh round of layoffs, as part of its plan to cut 10,000 jobs across all its platforms- WhatsApp, Instagram, and Facebook. This is the second round of layoffs after the tech firm laid off around 11,000 employees in November 2022. The fresh round of layoffs has decreased the company's number of employees to a level similar to that of around mid-2021, after a period of extensive recruitment that resulted in the doubling of its workforce since 2020.