Zuckerberg’s Meta Preparing To Ax 10K Jobs

Looks like the big chop is coming at Meta!

  • Meta told its North America-based employees to work from home Wednesday as it geared up for a second round of layoffs that will immediately cut 4,000 jobs — part of a plan to eventually cull 10,000 jobs.
  • Facebook’s parent company told managers that announcements on the layoffs — part of CEO Mark Zuckerberg’s plan to make the platform more efficient — would be made as soon as Wednesday, according to Bloomberg.
  • The cuts will affect Facebook, as well as Instagram, WhatsApp, and the Reality Labs virtual reality division, according to the report.
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