Meta, the parent company of Facebook and Instagram, is gearing up for another round of layoffs that are expected to affect thousands of employees.
in a massive round of layoffs that affected 11,000 people. Apparently, that wasn’t enough and more are scheduled to lose their jobs.that directors and vice presidents have been asked to make a list of employees that could be let go, and this phase of layoffs could be finalized as soon as next week.to employees for the situation the company was in and took “accountability” for the problem as he admitted that the situation was far worse than he expected it to be.
“Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected. I got this wrong, and I take responsibility for that,” he said at the time. Zuckerberg has spent billions of dollars attempting to create a new future for the company that he was sure would lie in what he called the metaverse, a poorly detailed 3D world where digital avatars didn’t have legs and everything was monetized. This plan has not paid off.
Instead, Zuckerberg is taking ideas from Twitter’s Elon Musk in a desperate attempt to make more money. Last month, Meta announced that it would be rolling outThe metaverse-focused Reality Labs division has consistently lost billions of dollars — last year, it logged a staggering $3.7 billion loss in just three months. While at the time Zuckerberg said he was still confident in the metaverse direction and it wouldn’t actually pay off for a decade.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Meta to lay off thousands more just weeks after cutting 11,000 jobs: reportThe tech giant which owns Facebook and Instagram plans to notify employees within the coming days that their services are no longer needed.
Leer más »
SiriusXM To Lay Off 475 Staffers, 8% Of Workforce, In “Uncertain Economic Environment”SiriusXM is the latest media company to lay off staff as the industry retrenches. CEO Jennifer Witz said today the satellite radio broadcaster, podcaster, owner of streaming music service Pandora a…
Leer más »
Sirius XM to lay off 8% of workforce amid advertising pullback, uncertain economyRadio and streaming platform Sirius XM Holdings Inc. says it will lay off 8% of its workforce, or 475 positions, across nearly all departments.
Leer más »
Atlassian plans to lay off 5% of workersSoftware company Atlassian Corp. announced Monday it will lay off 500 workers, about 5% of the company, as cutbacks in the tech sector continue. In a blog...
Leer más »
Jason Cabel Roe: Gov. Ron DeSantis preparing for presidential run -SAN DIEGO (KUSI) – Over the weekend, Florida Governor Ron DeSantis paid a visit to Californians. While speaking to Californians from the Ronald Reagan Presidential Library in Simi Valley, he called out Gov. Newsom for comments made about Florida politics. Newsom soon responded, and now many believe this initial squabble may be the first of many leading into the 2024...
Leer más »