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Meta is preparing a big cut in employees – media

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The planned layoffs are the first mass layoffs in the company’s history.

Tech giant Meta (formerly Facebook) is set to begin massive layoffs in the coming days. This was reported by The Wall Street Journal, citing sources.

The layoffs are expected to affect thousands of employees, with an announcement set to be made Wednesday.

The planned layoffs are reported to be the first widespread staff reductions in the company’s history. Although in percentage terms, the reduction will be lower than Twitter.

Today, according to the company, Meta has more than 87,000 employees.

We remind, earlier the new owner of Twitter Elon Musk spoke about the new policy on Twitter

Google and Meta block accounts of Ukrainians

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Source: korrespondent

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