© Reuters.
(Reuters) – Meta Platforms Inc on Wednesday grew to become the newest U.S. firm to chop jobs to rein in prices amid tightening financial coverage and rising fears of a recession.
Job cuts introduced by U.S.-based employers jumped 13% to 33,843 in October, the very best since February 2021, a report mentioned.
Listed here are a few of the main job cuts introduced in current weeks:
Meta Platforms Inc:
The Fb-parent mentioned it could minimize 13% of its workforce, or greater than 11,000 workers, in a single…