ISRAEL AT WAR - DAY 140

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Facebook parent firm Meta axes 10,000 jobs in new round of cuts

Facebook owner Meta announces a wave of job cuts, part of what CEO Mark Zuckerberg calls the company’s “year of efficiency” as the US tech sector continues to downsize.

In an email to employees, Zuckerberg says Meta will shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles will remain unfilled. The cuts follow a cull of 11,000 jobs announced by the company in November.

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