Facebook parent Meta is cutting another 10,000 jobs,Mark Zuckerberg, the CEO of meta announced this in an email to employees on Tuesday.
Another 5,000 open positions would also remain unfilled, the tech giant said.
The mass axing of staff comes after a previous round of cuts that saw 11,000 jobs culled in November.
Zuckerberg called 2023 a "year of efficiency," saying Meta was planning on reducing costs by around $5 billion (€4.67 billion), down to between $89 and $95 billion
What did Mark Zuckerberg say about the job cuts?
"This will be tough and there's no way around that," Zuckerberg said. "It will mean saying goodbye to talented and passionate colleagues who have been part of our success."
"As I've talked about efficiency this year, I've said that part of our work will involve removing jobs — and that will be in service of both building a leaner, more technical company and improving our business performance to enable our long-term vision," he added.
The job cuts will first target Meta's recruitment team, with further cuts hitting the company's tech groups in late April and its business groups in late May.
Meta shares rose by 6% in early trading as news of the cuts was made public
