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Meta looks to cut costs by 10% or more over next few months, says report

Meta looks to cut costs by 10% or more over next few months, says report

Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019.

Andrew Caballero-Reynolds | AFP | Getty Images


Meta is looking to cut costs by 10% in coming months, according to a

published Wednesday by The Wall Street Journal.

The cost cuts are likely to include job reductions due to internal business department reorganizations as opposed to more formal layoffs. The cost cutting is expected to commence…

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