Facebook parent Meta began its latest round of layoffs focusing on technical workers, who are often thought of as more immune to job cuts in Silicon Valley
Meta spokesperson Nkechi Nneji confirmed to CNN that some previously announced layoffs were taking place Wednesday, and pointed to CEO Mark Zuckerberg’s March announcement that the company would cut another 10,000 employees in the coming months. Zuckerberg’s notice said that restructurings and layoffs in Meta’s tech groups would take place in April.
Meta has said the layoffs are part of its “year of efficiency,” as the company attempts to engineer a turnaround following repeated revenue declines, heightened competition, concerns about user growth and big losses in its Reality Labs division amid its pivot to building the so-called metaverse.
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