Robert Besser
28 May 2023, 05:09 GMT+10
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan announced in March to cut 10,000 positions, Facebook owner Meta Platforms has again cut jobs across its business and operations units.
On LinkedIn, employees working in areas such as marketing, site security, enterprise engineering, program management, content strategy and corporate communications announced that they were let go.
The posts also showed that the social media giant cut employees from its units focused on privacy and integrity.
After cutting more than 11,000 employees in the autumn last year, earlier this year, Meta became the first Big Tech company to announce a second round of mass layoffs, which brought the company's headcount down to mid-2021 levels, following a hiring spree that doubled its workforce since 2020.
In March, Meta Chief Executive Mark Zuckerberg said that most of the second round firings would take place in three "moments" over several months, largely ending in May.
The cuts have largely targeted non-engineering roles, and Zuckerberg has pledged to restructure business teams "substantially" and return to a "more optimal ratio of engineers to other roles."
After cutting recruiting teams in March, some 4,000 employees lost their jobs in April, Zuckerberg said.
Meanwhile, the social media company said the latest cuts would affect some 490 employees at its international headquarters in Dublin, or some 20 percentage of its Irish workforce.
Meta's layoffs followed months of declining revenue growth amid high inflation and a digital ad downturn following the COVID-19 pandemic era e-commerce boom.
Get a daily dose of Orange County Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Orange County Sun.
More InformationThe conflict is providing valuable military insight, like Afghanistan or Iraq once did, an aide to the US defense minister ...
london - Washington said Thursday that Poland remained a close ally of Ukraine, after Warsaw said it would no longer ...
(Photo credit: Kelley L Cox-USA TODAY Sports) Complexity Gaming and G2 Esports advanced to the Group D upper-bracket final with ...
WASHINGTON - A contractor for the U.S. government has been arrested on espionage charges, accused of providing a foreign country ...
(Photo credit: Randy Sartin-USA TODAY Sports) DAYTONA BEACH, Fla. -- The NASCAR Cup Series Playoff contenders show up at Texas ...
Washington, DC [US], September 22 (ANI): US President Joe Biden and his Ukrainian counterpart Volodymyr Zelenskyy on Thursday (local time) ...
ANCHORAGE, Alaska: Anchorage is struggling to find housing options for more than 3,000 homeless residents, as the city's mass shelter ...
SEOUL, South Korea: Thousands of South Korean educators and school staff gathered in Seoul over the weekend to demand increased ...
WARSAW, Poland: As part of European Union (EU) sanctions imposed against Russia over its invasion of Ukraine, Poland banned all ...
MONTGOMERY, Alabama: Last week, Alabama's school chief, Superintendent Eric Mackey, said that under new reading benchmarks to move to fourth ...
WASHINGTON D.C.: Last week, the Federal Reserve said its losses surpassed the US$100 billion mark and will likely continue to ...
ARLINGTON, Virginia: This week, the U.S. State Department approved the potential sale of drone-related munitions and other systems to Canada ...