Meta employees fear job cuts as cost-cutting revealed

clock • 2 min read
Cost-cutting measures mean Meta may not fill jobs left vacant after employees leave
Image:

Cost-cutting measures mean Meta may not fill jobs left vacant after employees leave

Zuckerberg says Meta will probably be smaller in 2023 than it was in 2022.

Employees at Facebook parent Meta have been warned about potential layoffs after the company announced it would freeze hiring and restructure teams in response to the uncertain macroeconomic situat...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
CMA accepts Meta's changes to Marketplace data

Legislation and Regulation

Revisions 'go above and beyond the original commitments'

clock 21 August 2024 • 2 min read
Russia's AI-powered election interference efforts stalled, says Meta

Threats and Risks

But social media giant remains vigilant about evolving risks posed by AI

clock 18 August 2024 • 3 min read
Cisco CEO explains 7% job cuts, AI focus

Corporate

Working to 'provide a better, unified experience for our customers and partners' says Chuck Robbins on Q4 earnings call

clock 15 August 2024 • 8 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Corporate

Cisco CEO explains 7% job cuts, AI focus

Cisco CEO explains 7% job cuts, AI focus

Working to 'provide a better, unified experience for our customers and partners' says Chuck Robbins on Q4 earnings call

Wade Tyler Millward
clock 15 August 2024 • 8 min read
Cisco to cut 4,000 more jobs, report

Cisco to cut 4,000 more jobs, report

Cisco laid off a similar number of employees in February

Mark Haranas
clock 12 August 2024 • 1 min read
Asian Tech Roundup: HP's China exodus

Asian Tech Roundup: HP's China exodus

Plus: Hyundai's flying taxi trials, Infosys' tax bill and Samsung strikers hit pause

Tom Allen
clock 09 August 2024 • 5 min read