CEO Mark Zuckerberg warned that the “new economic reality” could last many years Facebook’s parent company Meta will cut 10,000 of its global workforce in the coming months, CEO Mark Zuckerberg announced in an open letter to staff on Tuesday. This follows similar cuts in November which saw more than 11,000 workers laid off, or about 13% of its entire staff. Zuckerberg also informed Meta’s workforce that the company is to close 5,000 open roles that have not yet been filled, as he cautioned about the “possibility that this new economic reality will continue for many years.” Meta’s share price rose by more than 5% f
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