– Facebook app owner Meta Platforms said Tuesday it has decided to chop another 10,000 jobs and hold off on filling thousands of open positions.
MENLO PARK — Facebook owner Meta Platforms said Tuesday it has decided to chop another 10,000 jobs and hold off on filling thousands of open positions in a fresh round of brutal layoffs for the Bay Area’s tech sector.
The newly disclosed staffing reductions by the owner of the Facebook app extend what has become a wrenching wave of layoffs for tech and biotech workers in the Bay Area. As the economic disruptions unleashed by the coronavirus have ebbed, so has demand for what tech companies produce. Here are the largest staffing cutbacks affecting Bay Area employees of tech or biotech companies, according to WARN notices to the state Employment Development Department that this news organization has reviewed:Google, 1,600 job cuts in Mountain View, Moffett Field, San Bruno and Palo AltoTwitter, 900 job cuts in San Francisco and San Jose
“Over the next couple of months, organization leaders will announce restructuring plans focused on flattening our organizations, canceling lower priority projects, and reducing our hiring rates,” Zuckerberg stated. “With less hiring, I’ve made the difficult decision to further reduce the size of our recruiting team. We will let recruiting team members know tomorrow whether they’re impacted.”
The new cutbacks are part of what Meta Platforms is calling its “Year of Efficiency,” as Zuckerberg put it.
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