This was the last batch of three round layoff...
On Wednesday, Meta Platforms Inc, owner of Facebook, slashed jobs across its business and operations units.
It did its last batch of a three parts layoffs. This plan was announced in March to eliminate 10,000 employees.
Dozens of employees working as marketing, site security, enterprise engineering, program management, content strategy and corporate communications announced on LinkedIn that they were laid off.
The social media giant also reduced employees from its units focused on privacy and integrity, according to the LinkedIn posts.
Meta earlier this year became the first Big Tech Company to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall.
The layoffs brought the company's headcount down to where it stood as of about mid-2021, following a hiring that doubled its workforce since 2020.
The company's shares closed marginally up in a broadly weaker market.
They have doubled in value this year and are among the top performers in the S&P 500 index, thanks to the cost-cutting drive and Meta's focus on artificial intelligence (AI).
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