Telecom
Meta to Lay off Another 10,000 Workers – Report
Meta, the parent company of Facebook, Instagram and WhatsApp, has revealed its planned to lay off some 10,000 employees, roughly thirteen percent of its work force.
The layoffs will affect its recruiting team this week, with a restructuring of its tech and business groups to come in April and May, the company’s founder, Mark Zuckerberg, said in a memo posted on the company’s website on Tuesday.
According to a New York Times report, this will be the company’s second round of cuts since November following what Zuckerberg called a “year of efficiency.”
The new announcement is the company’s second round of cuts within the past half year.
In November, Meta laid off more than 11,000 people, or about 13 percent of its work force at the time.
Meta also plans to close about 5,000 job postings that have yet to be filled, Mr. Zuckerberg said in the memo.
“This will be tough and there’s no way around that,” he wrote.
Mr. Zuckerberg is culling employees after years of hiring at a breakneck pace. His company gobbled up workers as its family of apps, which also include WhatsApp, became popular worldwide.
The coronavirus pandemic also supercharged the use of mobile apps, leading to more growth. At its peak last year, Meta had 87,000 full-time employees.
But as the global economy soured and digital advertising markets contracted last year, Mr. Zuckerberg began putting an end to unchecked growth.
Meta trimmed employee perks. And after the layoffs in November, which largely affected the business divisions and recruiting teams, Mr. Zuckerberg hinted at further cuts.
On an earnings call in February, the chief executive said he did not want the company to be overstuffed with a layer of middle management, or “managers managing managers.”
He said he took responsibility for last year’s layoffs, blaming his zeal for staffing up on the surge of use early in the pandemic.
Meta is dealing with many challenges these days.
It is grappling not only with a digital advertising slowdown but also with Apple’s privacy changes to its mobile operating system, which have restricted Meta’s ability to collect data on iPhone users to help target ads.
It also faces steep competition from TikTok, which has soared in popularity over the past few years.
Meta is also in the midst of a tricky transition to become a “metaverse” company, connecting people to an immersive digital world through virtual-reality headsets and applications.
Mr. Zuckerberg sees the metaverse as the next-generation computing platform, so Meta has been spending billions of dollars on the effort and reallocating workers to its Reality Labs division, which is focused on products for the metaverse.
Yet it’s unclear if people will want to use metaverse products.
In recent months, the public has instead gravitated to chatbots, which are built on artificial intelligence.
Meta has invested in A.I. for years but has not lately been at the center of the conversation about the technology.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
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SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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