Facebook's Meta warns of engineer job cuts, sharp downturn ahead: report

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Facebook owner Meta is bracing for a sharp downturn, with plans to cut 30% of engineer jobs this year, Chief Executive Officer Mark Zuckerberg told employees...

Facebook owner Meta is bracing for a sharp downturn, with plans to cut 30% of engineer jobs this year, Chief Executive Officer Mark Zuckerberg told employees on Thursday, Reuters reported."If I had to bet, I'd say this might be one of the worst downturns that we've seen in recent history," Zuckerberg said during a weekly meeting with employees.

Facebook owner Meta is bracing for a sharp downturn, with plans to cut 30% of engineer jobs this year, Chief Executive Officer Mark Zuckerberg told employees on Thursday, Reuters reported."If I had to bet, I'd say this might be one of the worst downturns that we've seen in recent history," Zuckerberg said during a weekly meeting with employees.

 

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