Meta Starts Cleaning House, Axes 1,500 Recruiting, HR Jobs

Meta, the owner of Facebook and Instagram, has officially embarked on another round of job cuts with the firing of 1,500 employees in recruiting and human resources, Bloomberg reported, citing people familiar with the matter.

In a memo sent to employees on Tuesday, Meta CEO Mark Zuckerberg outlined plans to reduce its workforce by laying off 10,000 employees and eliminating 5,000 vacant positions.