Robert Besser
28 May 2023, 05:09 GMT+10
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan announced in March to cut 10,000 positions, Facebook owner Meta Platforms has again cut jobs across its business and operations units.
On LinkedIn, employees working in areas such as marketing, site security, enterprise engineering, program management, content strategy and corporate communications announced that they were let go.
The posts also showed that the social media giant cut employees from its units focused on privacy and integrity.
After cutting more than 11,000 employees in the autumn last year, earlier this year, Meta became the first Big Tech company to announce a second round of mass layoffs, which brought the company's headcount down to mid-2021 levels, following a hiring spree that doubled its workforce since 2020.
In March, Meta Chief Executive Mark Zuckerberg said that most of the second round firings would take place in three "moments" over several months, largely ending in May.
The cuts have largely targeted non-engineering roles, and Zuckerberg has pledged to restructure business teams "substantially" and return to a "more optimal ratio of engineers to other roles."
After cutting recruiting teams in March, some 4,000 employees lost their jobs in April, Zuckerberg said.
Meanwhile, the social media company said the latest cuts would affect some 490 employees at its international headquarters in Dublin, or some 20 percentage of its Irish workforce.
Meta's layoffs followed months of declining revenue growth amid high inflation and a digital ad downturn following the COVID-19 pandemic era e-commerce boom.
Get a daily dose of Seattle Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Seattle Bulletin.
More InformationLONG ISLAND, New York: On Thursday, a bus carrying members of a high school marching band traveling to a music ...
GAINESVILLE, Florida: Local police report stopping children, ages 10 and 11, who had driven their family car 200 miles, in ...
Washington, D.C.: This week, the U.S. Court of Appeals for the Federal Circuit suspended 96-year-old Judge Pauline Newman from hearing ...
NEW YORK: On Tuesday, former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison for trading on inside ...
NEW YORK: This week, the Virginia-based Students for Fair Admissions, founded by affirmative action opponent Edward Blum, sued the U.S. ...
LONDON, U.K.: Jet engine maker CFM International said this week that thousands of engine components may have been sold with ...
NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...
WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...
CAMP HILL, Pennsylvania: This week, the Wall Street Journal (WSJ) reported that Rite Aid could shut down some 400 to ...
WASHINGTON D.C.: U.S. Transportation Secretary Pete Buttigieg has criticized the air traffic control staffing shortages in New York as "unacceptable" ...
BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...
TOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...