Meta rehires ‘dozens’ after cutting 21,000 jobs, Insider reports
The Fly

Meta rehires ‘dozens’ after cutting 21,000 jobs, Insider reports

Meta has rehired “dozens” of the 21,000 employees who have been laid off as part of CEO Mark Zuckerberg’s massive cost-cutting push since last year, Insider’s Kali Hays reports. The Facebook and Instagram parent brought back the laid-off workers in recent weeks to work in engineering and technical roles, according to three sources familiar with the company’s moves.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on META:

Related Articles
Joel BagloleMeta Platforms (NASDAQ:META) Releases a Series of New AI Models
TheFlyGoogle to block election ads after polls close November 5, Axios reports
Kirti TakRay-Ban Owner EssilorLuxottica Falls Short of Expectations as China Slows
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App