{"id":810,"date":"2022-11-07T13:42:18","date_gmt":"2022-11-07T13:42:18","guid":{"rendered":"https:\/\/www.fiveminutesspare.com\/technology\/?p=810"},"modified":"2022-11-07T13:43:28","modified_gmt":"2022-11-07T13:43:28","slug":"facebook-owner-meta-announces-major-job-losses","status":"publish","type":"post","link":"https:\/\/www.fiveminutesspare.com\/technology\/facebook-owner-meta-announces-major-job-losses\/tech-news\/","title":{"rendered":"Facebook Owner Meta Announces Major Job Losses!"},"content":{"rendered":"<p><strong>Facebook&#8217;s company, Meta, has announced that they are going to begin a large-scale lay-offs this week. This could affect thousands of employees.<\/strong><\/p>\n<p>The US media has announced that the Facebook company Meta, will be cutting a lot of peoples jobs as early as Wednesday this week!<\/p>\n<p>During the third quarter of Meta&#8217;s disappointing results, the chief executive Mark Zuckerberg said staffing might fall.<\/p>\n<blockquote><p>&#8220;In 2023, we&#8217;re going to focus our investments on a small number of high-priority growth areas,<\/p>\n<p>In aggregate, we expect to end 2023 as either roughly the same size, or even a slightly smaller organisation than we are today,&#8221; Zuckerberg said.<\/p><\/blockquote>\n<p>Meta has about 87,000 employees worldwide across its different platforms, which include Facebook, Instagram and WhatsApp could be getting cut due to the fall.<\/p>\n<div id=\"attachment_811\" style=\"width: 510px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-811\" class=\"wp-image-811 size-full\" src=\"http:\/\/www.fiveminutesspare.com\/technology\/wp-content\/uploads\/sites\/14\/2022\/11\/shutterstock_1098814631.jpg\" alt=\"Meta chief executive Mr Zuckerberg\" width=\"500\" height=\"334\" srcset=\"https:\/\/www.fiveminutesspare.com\/technology\/wp-content\/uploads\/sites\/14\/2022\/11\/shutterstock_1098814631.jpg 500w, https:\/\/www.fiveminutesspare.com\/technology\/wp-content\/uploads\/sites\/14\/2022\/11\/shutterstock_1098814631-300x200.jpg 300w, https:\/\/www.fiveminutesspare.com\/technology\/wp-content\/uploads\/sites\/14\/2022\/11\/shutterstock_1098814631-272x182.jpg 272w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><p id=\"caption-attachment-811\" class=\"wp-caption-text\">Image Credit: <a class=\"mui-19sk0fy-a-underline-inherit-linkContainer\" href=\"https:\/\/www.shutterstock.com\/g\/FLD\">Frederic Legrand &#8211; COMEO<\/a><\/p><\/div>\n<p>Mr Zuckerberg has said he expects the metaverse investments to take about a decade to yield positive results. According to the BBC!<\/p>\n<p>Is this a good idea?<\/p>\n<p><em><strong>Banner and Image Credit: <a class=\"mui-19sk0fy-a-underline-inherit-linkContainer\" href=\"https:\/\/www.shutterstock.com\/g\/rafapress\">rafapress<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook&#8217;s company, Meta, has announced that they are going to begin a large-scale lay-offs this week. This could affect thousands of employees. The US media has announced that the Facebook company Meta, will be cutting a lot of peoples jobs as early as Wednesday this week! During the third quarter of Meta&#8217;s disappointing results, the&#8230;<\/p>\n","protected":false},"author":58,"featured_media":812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news"],"_links":{"self":[{"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/posts\/810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/comments?post=810"}],"version-history":[{"count":1,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/posts\/810\/revisions"}],"predecessor-version":[{"id":813,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/posts\/810\/revisions\/813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/media\/812"}],"wp:attachment":[{"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/media?parent=810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/categories?post=810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fiveminutesspare.com\/technology\/wp-json\/wp\/v2\/tags?post=810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}