Mark Zuckerberg fires 10,000 Meta employees in second layoff round

07:50:00 PM, Tuesday 14th of March 2023 | in business

Meta, the parent company of Facebook, WhatsApp, and Instagram, has decided to axe around 10,000 employees in a fresh round of job cuts. The decision by CEO Mark Zuckerberg comes as a surprise to many considering the tech giant had laid off 11,000 staffers in November last year to improve the organization's efficiency as well as redirect its spending in focus areas.