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

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn. Meta shares jumped 6 percent on the news. The widely-anticipated job cuts are part of a restructuring that … Continue reading Meta to cut 10,000 jobs in second round of layoffs