{"id":14393,"date":"2023-04-19T00:09:16","date_gmt":"2023-04-19T00:09:16","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/04\/19\/another-round-of-mass-layoffs-expected-at-meta-this-week\/"},"modified":"2023-04-19T00:09:16","modified_gmt":"2023-04-19T00:09:16","slug":"another-round-of-mass-layoffs-expected-at-meta-this-week","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/04\/19\/another-round-of-mass-layoffs-expected-at-meta-this-week\/","title":{"rendered":"Another round of mass layoffs expected at Meta this week"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<div class=\"article__featured-image-wrapper breakout\">\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n<div>\n<p id=\"speakable-summary\">Meta, formerly Facebook, is expected to issue another round of mass layoffs Wednesday, according to <a href=\"https:\/\/www.vox.com\/technology\/2023\/4\/18\/23688627\/meta-layoffs-mark-zuckerberg-facebook-instagram-whatsapp\" target=\"_blank\" rel=\"noopener\">a report from Vox<\/a> that cites \u201cseveral sources working at the company.\u201d<\/p>\n<p>The layoffs are part of a broader restructuring at Meta that CEO Mark Zuckerberg has dubbed the \u201cyear of efficiency.\u201d In March, Zuckerberg said the company would cut <a href=\"https:\/\/techcrunch.com\/2023\/03\/14\/meta-to-cut-another-10000-jobs-zuckerberg-says\/\" target=\"_blank\" rel=\"noopener\">10,000 jobs<\/a> in the coming months, particularly ones related to \u201clow priority projects.\u201d This is on top of the <a href=\"https:\/\/techcrunch.com\/2022\/11\/09\/meta-confirms-11000-layoffs-amounting-to-13-of-its-workforce\/\" target=\"_blank\" rel=\"noopener\">11,000 jobs<\/a> that were cut in November.<\/p>\n<p>This week\u2019s layoffs could be in the range of 4,000 jobs, one source told Vox. TechCrunch was unable to confirm the news, but it\u2019s not unexpected. Zuckerberg had previously said April cuts would affect roles in tech departments, while another round of layoffs planned for May will hit the business side.<\/p>\n<p>Some have speculated that many projects and teams within the Facebook app and Reality Labs, the unit dedicated to augmented and virtual reality experiences, will see the ax soon. However, those working on developing games might be safe for now as Meta works to market its metaverse gamble to traditional gamers, according to a <a href=\"https:\/\/www.businessinsider.com\/meta-ceo-mark-zuckerberg-invests-in-metaverse-games-as-layoffs-loom-2023-4\" target=\"_blank\" rel=\"noopener\">report from Business Insider.<\/a><\/p>\n<p>That could be a strategic pivot for Meta and Zuckerberg, both of which have promoted the metaverse as a place for social interactions, work and e-commerce. Meta poured billions into its social VR platform Horizon Worlds. However, Horizon Worlds hasn\u2019t really taken off, with only about <a href=\"https:\/\/www.wsj.com\/articles\/meta-metaverse-horizon-worlds-zuckerberg-facebook-internal-documents-11665778961\" target=\"_blank\" rel=\"noopener\">200,000 monthly active users<\/a> at the end of last year.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2023\/04\/18\/another-round-of-mass-layoffs-expected-at-meta-this-week\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta, formerly Facebook, is expected to issue another round of mass layoffs Wednesday, according to a report from Vox that cites \u201cseveral sources working at the company.\u201d The layoffs are part of a broader restructuring at Meta that CEO Mark Zuckerberg has dubbed the \u201cyear of efficiency.\u201d In March, Zuckerberg said the company would cut [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-14393","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/14393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=14393"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/14393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/14394"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=14393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=14393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=14393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}