Meta to lay off 10,000 more workers after initial cuts in November Jonathan Vanian and Rohan Goswami – CNBC Meta will lay off 10,000 more workers and incur restructuring costs ranging from $3 billion to $5 billion, the company announced Tuesday, with CEO Mark Zuckerberg warning economic instability could continue for "many years." Meta shares closed up 7% on Tuesday. "Here's the timeline you should expect: over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates," Zuckerberg said in a message to employees, which was also posted to the technology company's blog. /jlne.ws/3l8w1tz