Disney, Meta Prepare To Eliminate Thousands Of More Jobs

This year, 596 tech firms have laid off 171,308 workers. The list is anticipated to expand, with Meta Platforms Inc. initiating job cuts today and Walt Disney Co. preparing to reduce its workforce by thousands in the coming week.

According to an internal memo seen by Bloomberg, the Facebook parent company told managers they should prepare for job cuts on Wednesday. The memo states jobs across Facebook, WhatsApp, Instagram, and Reality Labs will be affected. 

The move to reduce headcount by at least 10,000 positions at the company was outlined by founder Mark Zuckerberg’s goal of greater efficiency earlier this year. Another round of job cuts is expected next month.

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60GigaHertz
60GigaHertz
1 year ago

Let’s hope the programmers become hackers for freedom.

Hound
Hound
1 year ago

Gosh, if leftist, marxist, communist perverts are in the majority, why would Globo Fascists like Disney and FB be reducing work forces? That don’t make no sense!

Olguy
Olguy
1 year ago

Let the Silicon and Germanium God and it’s minions burn in hell.

kal
kal
1 year ago

but the fake resident said he’s created more jobs than……………….oh yeah, that’s right that bastard lies about everything, and when doesn’t the mop-top lies for him.

Hound
Hound
1 year ago
Reply to  kal

<<<thumbs up>>>