Meta is eliminating an additional 10,000 employees on top of the 11,000 workers laid off late last year.
Meta, the tech giant’s parent company, said it is eliminating an additional 10,000 employees on top of the 11,000 workers laid off late last year.
The job cuts were part of the tech behemoth’s plan to make 2023 “our year of efficiency,” as Meta focused on streamlining operations and controlling costs, Zuckerberg said. He said that Meta leaders will be announcing more details of “restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates.”
The move follows what appeared to be Meta’s stronger focus on Generative AI, which emerged as the new hot tech trend following the introduction of ChatGPT.
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