Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

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Facebook-parent Meta Platforms said on Tuesday it would 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% on the news. The widely-anticipated job cuts are part of a…

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