The cuts are expected to be smaller in percentage than the recent round of Twitter layoffs. Meta reported 87,000 employees at the end of September following a COVID-19 pandemic hiring surge.
The company added more than 27,000 workers in 2020 and 2021 combined. Meta’s stock price, however, has fallen by more than 70 percent this year.
“While we face near-term challenges on revenue, the fundamentals are there for a return to stronger revenue growth,” Meta CEO and founder Mark Zuckerberg said in a third-quarter earnings report. “We’re approaching 2023 with a focus on prioritization and efficiency that will help us navigate the current environment and emerge an even stronger company.”
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
