On March 14, Facebook-parent Meta said they will cut down 10,000 jobs to cut costs. Meta will not fill the 5,000 open positions as well. This is the second round of mass layoffs for the company. CEO Mark Zuckerberg said, “This will be tough and there's no way around that. It will mean saying goodbye to talented and passionate colleagues who have been part of our success.” The company had announced 11,000 job cuts in November. Watch the video to know more.