![]() Meta CEO Mark Zuckerberg said on Tuesday that the company plans to lay off another 10,000 employees. Meta does not break out its user figures for apps other than Facebook on a quarterly basis. Mark Zuckerberg announces 2nd round of layoffs, cutting 10,000 Meta workers across the company. In an open letter to staff on Wednesday, Zuckerberg said that the job losses was some of the most difficult changes we’ve made in Meta’s history. The number of monthly active users on its “family of apps” that include Facebook, Instagram, WhatsApp and Messenger, was 3.96 billion as of the end of the quarter, up 7% from a year earlier. CEO Mark Zuckerberg told employees he wanted to 'take. “That said, even as tech stocks face uncertainty, Meta’s consistent performance cements its leadership in the digital realm.” Meta Platforms said it would let go 13 of its workforce, or more than 11,000 employees, the first broad job cuts in the companys history. “This landmark lawsuit could herald a seismic shift in how social media platforms approach product features and user engagement,” Goldman said. 30, an increase of 3% from a year earlier. Facebook-parent Meta on Wednesday began cutting employees in its business groups as part of a previously announced round of layoffs, according to social media posts from impacted. Meta, which on Tuesday was sued by 41 states plus the the District of Columbia for harming young people's mental health, said the number of active users on Facebook was 3.05 billion as of Sept. ![]() ![]() "With its sustained upward trajectory, robust user engagement, and strategic cost optimizations, Meta is not only navigating choppy waters but also setting the course for uncharted territories of growth.” Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs, calling himself responsible for the. In March, Zuckerberg hinted that he was going to update Meta's policy when he said that the company conducted an internal analysis that showed engineers who work in person "get more done.“Despite broader tech market fluctuations, Meta continues to meet expectations.,” said Insider Intelligence analyst Jeremy Goldman. Since then, however, many companies like Amazon and Google parent Alphabet have been reversing course on previous remote-work plans and have called on their workers to return to physical offices at least three days a week. At the time, Meta CEO Mark Zuckerberg said the company learned over the course of the year during the height of the Covid pandemic that "good work can get done anywhere, and I'm even more optimistic that remote work at scale is possible, particularly as remote video presence and virtual reality continue to improve," Zuckerberg said at the time. Tech news publication The Information first reported about Meta's updated work-from-home policy.įacebook parent Meta first extended its remote-work policy to all full-time employees in June 2021. Zuckerberg tells staff to focus on video products as Meta’s stock plunges What's on the horizon In Meta’s Horizon Worlds, users can build their own spaces and games. "We're also committed to continuously refining our model to foster the collaboration, relationships and culture necessary for employees to do their best work." "We're committed to distributed work, and we're confident people can make a meaningful impact both from the office and at home," a Meta spokesperson said in a statement. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower In an update to staff, Meta boss Mark Zuckerberg told employees he would begin restructuring plans. Best Debt Consolidation Loans for Bad Credit Meta to cut another 10,000 jobs as Zuckerberg tells staff. ![]()
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