Irish jobs at risk as Facebook owner to axe another 10,000 jobs - Kilkenny Live

Meta, the parent company of Facebook, Instagram and WhatsApp, has revealed it plans to cut around 10,000 jobs globally, just four months after it axed 11,000 workers.

The group’s founder and boss, Mark Zuckerberg, told staff in a company blog that Meta is also looking to ditch about 5,000 open job vacancies as part of his Year Of Efficiency push to slash costs and restructure the firm.

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Meta will first trim the size of its recruiting team, with staff in this division expected to be told where the cuts will be made on Wednesday, followed by layoffs in its tech groups in late April, before taking the axe to roles across its business groups in late May.

Mr Zuckerberg said: “This will be tough and there’s no way around that. 

“It will mean saying goodbye to talented and passionate colleagues who have been part of our success.”

It follows Meta’s announcement last November that it was cutting 11,000 jobs out of its 87,000-strong global workforce.

Those cuts were expected to mean as many as 650 job losses in the UK and around 350 at risk in Ireland.

But Meta said on Tuesday it would not provide a breakdown of where the latest job cuts would come worldwide.

Mr Zuckerberg said: “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.”