Facebook parent Meta to slash 10,000 employees

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Facebook parent Meta to slash 10,000 employees
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Facebook-parent Meta began laying off workers on Wednesday as part of its latest round of job cuts announced in March, the company confirmed to ABC News.

began laying off workers on Wednesday as part of its latest round of job cuts announced in March, the company confirmed to ABC News.for 10,000 job cuts over April and May, as part of what Zuckerberg described as the company's "Year of Efficiency."in March, forecasting job cuts for technical workers in April and enterprise employees in May.

The personnel changes at Meta include the closure of 5,000 additional open roles that the company hadn't hired, Zuckerberg said.Meta has faced challenges in recent months as the company contends with a widespread drop in online ad spending and rising competition from TikTok.

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