Meta CEO tells employees he does not expect more company-wide layoffs this year

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Meta CEO Mark Zuckerberg told employees in an ‌internal ⁠memo on ⁠Wednesday that he does not expect more company-wide layoffs this year, according to a copy ⁠of the ‌memo seen by ⁠Reuters.

He made the announcement on the same day the Facebook owner carried out a far-reaching restructuring of ‌the company, laying off 10% of its workforce ⁠globally and transferring 7,000 other employees to new AI-related teams.
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