Facebook Parent Meta Is Preparing To Cut Thousands Of Jobs Reports Post
The Wall Street Journal reported on Sunday that the cuts, to be announced Wednesday, are expected to affect thousands of Meta’s 87,000 employees worldwide. Meta declined to confirm the report, but a spokesperson pointed to comments made by Meta CEO Mark Zuckerberg late last month. “In 2023, we will focus our investments on a small number of high-priority growth areas,” he said. “This means some groups will grow substantially, but most other groups will remain flat or shrink over the next year....