Meta to slash 10,000 jobs in second round job cuts

By

First big tech company to do a second round.

Meta to slash 10,000 jobs in second round job cuts
Meta will cut 10,000 jobs this year, making it the first big tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn. Meta shares jumped 6 percent on the news. The widely-anticipated job cuts are part of a restructuring that will see the ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
governancejob cutsmeta

Sponsored Whitepapers

See everything. Do more.
See everything. Do more.
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra
Diamond IT Delivers GRC Transformation with Microsoft Purview
Diamond IT Delivers GRC Transformation with Microsoft Purview
Linktech Powers Energy Trader’s Essential Eight Compliance in Just Eight Weeks
Linktech Powers Energy Trader’s Essential Eight Compliance in Just Eight Weeks
Byte Delivers Future-Ready IT: Transforming Endpoint Security and Productivity with a Cloud-First Strategy
Byte Delivers Future-Ready IT: Transforming Endpoint Security and Productivity with a Cloud-First Strategy

Events

Most Read Articles

King & Wood Mallesons Australia to give Gen AI tool to 1200 lawyers

King & Wood Mallesons Australia to give Gen AI tool to 1200 lawyers
Transport for NSW expands SAP Ariba usage

Transport for NSW expands SAP Ariba usage
A catastrophic global cyber attack could happen in the next two years: World Economic Forum

A catastrophic global cyber attack could happen in the next two years: World Economic Forum
The University of Sydney revamps its contract management

The University of Sydney revamps its contract management
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?