Facebook Parent Meta Slashes Another 10,000 Jobs

Facebook Parent Meta Slashes Another 10,000 Jobs
Meta CEO Mark Zuckerberg speaks at an event in New York City, on Oct. 25, 2019. Drew Angerer/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Facebook parent Meta has announced that it’s slashing another 10,000 jobs and won’t fill 5,000 open position, as the beleaguered social media giant struggles to cut costs amid profit pressure.

Meta CEO Mark Zuckerberg broke the bad news to staff in a statement on Tuesday, in which he gave an update on the company’s “Year of Efficiency” efforts to slash costs.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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