{"id":607218,"date":"2023-02-12T07:50:02","date_gmt":"2023-02-12T13:50:02","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/12\/meta-reportedly-plans-more-job-cuts\/"},"modified":"2023-02-12T07:50:02","modified_gmt":"2023-02-12T13:50:02","slug":"meta-reportedly-plans-more-job-cuts","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/12\/meta-reportedly-plans-more-job-cuts\/","title":{"rendered":"Meta reportedly plans more job cuts"},"content":{"rendered":"
\n

Facebook parent company Meta reportedly plans to further reduce its headcount in the coming weeks. According to the\u00a0<\/em>Financial Times<\/ins><\/em><\/a>, work at the tech giant has slowed to a crawl while it plots a new round of job cuts. Meta is likely to announce the restructuring after it has completed staff performance reviews sometime in March. In November, the company laid off 11,000 employees<\/ins><\/a> or about 13 percent of its global workforce. Those cuts were the largest in Meta\u2019s nearly 20-year history, affecting every organization within the company. Meta did not immediately to Engadget\u2019s comment request. The Times <\/em>did not report on the potential scale of the restructuring.<\/p>\n

While Meta is far from the only company<\/ins><\/a> to cut staff in the past year, significantly fewer have expanded previously announced layoffs. If the reporting from The Times<\/em> is accurate, Meta would find itself in the company of the likes of Amazon<\/ins><\/a> and Coinbase<\/ins><\/a>. The former first outlined plans to reduce its headcount by 10,000 employees<\/ins><\/a> only to later announce it was cutting closer to 18,000 jobs<\/ins><\/a>. Before November, Meta CEO Mark Zuckerberg told analysts<\/ins><\/a> the company could become \u201ca slightly smaller organization\u201d by the end of 2023.<\/p>\n<\/div>\n

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\n Igor Bonifacic<\/p>\n","protected":false},"excerpt":{"rendered":"

Facebook parent company Meta reportedly plans to further reduce its headcount in the coming weeks. According to the\u00a0Financial Times, work at the tech giant has slowed to a crawl while it plots a new round of job cuts. Meta is likely to announce the restructuring after it has completed staff performance reviews sometime in March.<\/p>\n","protected":false},"author":1,"featured_media":607219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[974,52,46],"tags":[],"class_list":{"0":"post-607218","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-plans","8":"category-reportedly","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/607218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=607218"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/607218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/607219"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=607218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=607218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=607218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}