British jobs go as the pandemic party ends for tech giants
During the dark days of the pandemic, Meta boss Mark Zuckerberg made hay. With internet users across the world confined to their homes and phones, usage across his platforms — Facebook, Instagram and WhatsApp — soared, and he went on a hiring spree.
Between 2019 and 2022, the UK workforce of the Silicon Valley-based Meta swelled from 2,700 to just over 7,000 in a swashbuckling period of expansion.
• Facebook’s UK arm paid less tax on bigger profit
Then, reality began to bite. In the summer of 2022, as the world entered darker economic times and turbulence hit Meta’s all-important advertising business, Zuckerberg, 40, started to realise that Covid-era growth could not be sustained.
Over the rest of that year, and into 2023, Meta axed
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