Meta, the parent company of Facebook, Instagram and WhatsApp, has revealed it plans to cut around 10,000 jobs globally, just four months after it axed 11,000 workers. The group's founder and boss, Mark Zuckerberg, told staff in a company blog that Meta is also looking to ditch about 5,000 open job vacancies as part of his Year Of Efficiency push to slash costs and restructure the firm.
Meta will first trim the size of its recruiting team, with staff in this division expected to be told where the cuts will be made on Wednesday, followed by layoffs in its tech groups in late April, before taking the axe to roles across its business groups in late May.
Mr Zuckerberg said: "This will be tough and there's no way around that. It will mean saying goodbye to talented and passionate colleagues who have been part of our success."
