Facebook Parent Meta To Make Massive Layoffs, Could Be Bigger Than Twitter’s Cuts, Report Says

Mark Zuckerberg

At a glance

  • Zuckerberg said that the company was going to focus on only a few areas that are viewed as “high priority growth areas.”
  • “So that means some teams will grow meaningfully, but most other teams will stay flat or shrink over the next year,”  Zuckerberg said last month.
  • “In aggregate, we expect to end 2023 as either roughly the same size, or even a slightly smaller organization than we are today.”

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