Facebook jobs

Facebook owner Meta's announcement on Tuesday that it will shed 10,000 jobs over the next few months is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn.The cuts in the company that also owns Instagram and WhatsApp, follow a cull of 11,000 jobs announced in November. Here are the others: - Amazon -The online retail giant said on January 5, 2023 it would cut more than 18,000 jobs, citing "the uncertain economy" and the fact it had "hired rapidly" during the…

The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its…

Facebook parent Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs. Facebook parent Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs in the first major round of layoffs in the social media giant's history.The reductions, equal to about 13% of the workforce, were disclosed Wednesday in a statement. The company will also extend its hiring freeze through the first quarter. “I want to take accountability for…