Meta, the parent company of Facebook, carries out final round of layoffs, resulting in a total reduction of 10,000 jobs

Meta, the parent company of Facebook, carries out final round of layoffs, resulting in a total reduction of 10,000 jobs Meta, the parent company of Facebook, carries out final round of layoffs, resulting in a total reduction of 10,000 jobs

Meta's decision to downsize its workforce was influenced by months of slowing revenue growth Meta's decision to downsize its workforce was influenced by months of slowing revenue growth Read more

Despite the job cuts, Meta has been investing billions of dollars into its Reality Labs unit, which is focused on developing the metaverse and enhancing infrastructure for artificial intelligence initiatives Despite the job cuts, Meta has been investing billions of dollars into its Reality Labs unit, which is focused on developing the metaverse and enhancing infrastructure for artificial intelligence initiatives

The latest wave of layoffs also impacted employees at Meta's international headquarters in Dublin, with approximately 490 employees, nearly 20% of its Irish workforce, being affected The latest wave of layoffs also impacted employees at Meta's international headquarters in Dublin, with approximately 490 employees, nearly 20% of its Irish workforce, being affected