Meta Chief Zuckerberg Says No More Company-Wide Job Cuts Expected This Year

Meta’s chief executive Mark Zuckerberg informed staff members through an internal company message on Wednesday that he doesn’t anticipate additional widespread job eliminations for the remainder of this year, according to a copy of the communication obtained by Reuters.

The statement came on the same day the social media giant behind Facebook completed a sweeping organizational overhaul, eliminating 10% of its global workforce while reassigning 7,000 workers to artificial intelligence-focused divisions.