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The Latest Breaking News from Mark Zuckerberg

How to drive productivity with a leaner team after layoffs

With employers like Meta CEO Mark Zuckerberg calling 2023 “the year of efficiency,” managers are forced to do more with fewer resources.

Fortune

Silicon Valley’s hubris nearly ruined the U.S. economy

Tech thought it was exceptional. Maybe it was all wishful thinking.

Fortune

Former Meta recruiter claims she got paid $190,000 a year to do ‘nothing’ amid company’s layoffs

‘We weren’t expected to hire anybody for the first six months, even the first year’

The Independent UK

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Meta's metaverse is on the back burner

The company formerly known as Facebook is talking more about AI than the metaverse these days.

Axios

Former Meta employee says staff were 'hoarded like Pokémon cards'

"It puts you in the position where it's really difficult to get another job," ex-employee Brit Levy said. "It's a tradeoff and it sounds great, but it's going to really screw up people's careers."

Fortune

The perk-cession is here. You lose free food and laundry, but you could have a more satisfying life?

With fewer add-on goodies to offer, firms may have to think about workplace culture and a better work/life balance, says author Stefan Stern

The Guardian - UK

Zuckerberg asks workers to 'find more opportunities' to work in-person

Zuckerberg encouraged employees to “find more opportunities to work with your colleagues in person.”

Fortune

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Facebook owner Meta will chop 10,000 more jobs as tech layoffs worsen

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.

Tribune News Service

Facebook owner to slash 10,000 jobs - four months after laying off 11,000 workers

The latest cuts come after Facebook parent company Meta let go of 13 per cent of its workforce last November as companies across the tech industry struggle to remain competitive as they cut costs

Daily Mirror

Facebook owner Meta to cut 10,000 jobs in second round of layoffs

Meta is slashing jobs in a bid to recover from losses and invest in the ‘metaverse’.

Al Jazeera

Facebook parent Meta slashes 10,000 jobs in its 'Year of Efficiency'

Meta CEO Mark Zuckerberg announced the company is cutting another 10,000 jobs after it laid off 11,000 workers late last year.

WEKU

Facebook, WhatsApp and Instagram owner Meta to cut another 10,000 jobs

It comes after it made 11,000 cuts just four months ago

Wales Online

Mark Zuckerberg's 'year of efficiency' now means another 10,000 layoffs and a hiring freeze on 5,000 more jobs

Here it is. Facebook parent Meta just announced further cost-cutting measures after employees have spent weeks bracing for more pain.

Fortune

Zuckerberg’s Meta to lay off another 10,000 employees

Restructuring, as part of the company’s ‘Year of Efficiency’, also sees 5,000 unfulfilled job adverts closed

The Guardian - US

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Chicago Sun-Times

Facebook parent Meta to lay off another 10,000 workers

The company in February posted lower fourth-quarter profit and revenue, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.

Axios

Meta to cut 10,000 more jobs, eliminate 5,000 openings

It's the second round of layoffs to hit the tech giant in the past few months.

The Independent UK

Facebook parent Meta slashes another 10,000 jobs

Facebook’s parent Meta will slash another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs

Fortune

Facebook and Instagram NFTs dropped 6 months after U.S. debut as more Meta layoffs loom

The company said it would still support creators who use Instagram and Facebook to amplify their work.

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Evening Standard

Is Meta about to release a chatbot for Instagram and Facebook?

Mark Zuckerberg and co have big plans for artificial intelligence.

Tribune News Service

Meta plans thousands more layoffs as soon as this week

Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter.

The Times of India

Facebook parent Meta plans to cut thousands of jobs in fresh layoffs

SAN FRANCISCO: Meta Platforms Inc, the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter.

Evening Standard

Big tech in crisis: the cuts, lay-offs and worried workers at Twitter and Meta

After years of growth, the social media giants are slashing at budgets in post-Covid difficulties, leaving morale to slump...

The Conversation

Why Meta’s embrace of a ‘flat’ management structure may not lead to the innovation and efficiency Mark Zuckerberg seeks

Big Tech, under pressure from dwindling profits and falling stock prices, is seeking some of that old startup magic.

Fortune

Zuckerberg warned not to open Horizon Worlds to minors

Democrats from New England call the Meta chief's purported attempt to attract teenagers to his Horizon Worlds as 'just another flagrant attempt to exploit young people for profit'.

Chicago Sun-Times

Facebook founder Mark Zuckerberg and wife to invest $250 million in new Chicago research lab

The lab will harness brain power from Northwestern University, the University of Chicago and the University of Illinois Urbana-Champaign.

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