MENLO PARK, California — Facebook owner Meta Platforms said Tuesday it has decided to chop another 10,000 jobs and hold off on filling thousands of open positions in a fresh round of brutal layoffs for the Bay Area’s tech sector.
Based on the Bay Area impact of Meta’s prior round of job cuts of 11,000 layoffs, undertaken last November, the tech titan’s local workforce could be facing staffing reductions of thousands more positions.
“This will be tough and there’s no way around that,” Mark Zuckerberg, Meta Platform’s chief executive officer and co-founder, said in a web post on Tuesday. “It will mean saying goodbye to talented and passionate colleagues who have been part of our success.”
