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Meta to lay off 4,000 this week: report

Clyde Edgerton by Clyde Edgerton
April 18, 2023
in Markets
Meta to lay off 4,000 this week: report
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Facebook parent Meta Platforms Inc.
META,
-0.44%
is expected to slash another 4,000 jobs on Wednesday, the company’s latest round of layoffs since November, according to a report in Vox. Yet workforce reduction is anticipated in May. Meta Chief Executive Mark Zuckerberg has announced Meta’s intention to eliminate 10,000 jobs this spring. Meta was not immediately available for comment.



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