HomeEconomyMeta is preparing a...

Meta is preparing a big cut in employees – media

Image: Getty Images

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

News from Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now