. The outlet reports the company is planning to cut “many thousands” of employees, with an announcement coming as soon as Wednesday. Meta currently employs more than 87,000 individuals. The cuts could be the largest workforce reduction conducted by a tech company this year, surpassing the layoffsMeta declined to comment. A spokesperson pointed Engadget. “In 2023, we're going to focus our investments on a small number of high-priority growth areas.
So that means some teams will grow meaningfully, but most other teams will stay flat or shrink over the next year,” he said. “In aggregate, we expect to end 2023 as either roughly the same size, or even a slightly smaller organization than we are today.”points out, Meta grew significantly during the first two years of the coronavirus pandemic, adding more than 27,000 employees in 2020 and 2021.
they wont even get hate like elon did lol
In time for election?
Can Elon buy Facebook too so it becomes decent?
Why, that's virtually unheard of!
Haters will blame elonmusk. Funny how this isn’t all over Twitter like with Twitter or Tesla layoff. Companies just can’t continually lose money.
🤔 Will the left and the mainstream media lose their minds over these layoffs like they did with Twitter? No, they will be silent 😶 ElonMusk
agnostoxxx
Wow. Elon fault right?
Hmm. Will employees sue? Or only the Twits?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meta Could Begin Large-Scale Layoffs This Week, Report SaysMeta could begin to carry out large-scale layoffs as soon as Wednesday, according to a report from the Wall Street Journal. The layoffs are expected to impact thousands of employees, the report said. Facebook parent Meta could begin large-scale layoffs as soon as Wednesday, according to a report from the Wall Street Journal. The layoffs are expected to impact thousands… Too many “Day in the Life” TikToks Bye bye Zuckabuck has no buck Good for the stock
Source: NBCDFW - 🏆 288. / 63 Read more »
Meta Reportedly Preparing ‘Large-Scale’ Job Cuts—Here Are The Biggest U.S. Layoffs This YearForbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession. So Elon was just the test run Ha ha ha ha ha ha ha.........Learn to weld! WallStreet Economics 101 LaborMarket Inflation Recession QuantitativeTightening WeAimHigher
Source: Forbes - 🏆 394. / 53 Read more »
Facebook parent Meta is preparing large-scale layoffs this week, Wall Street Journal reportsMeta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. The FBI/CIA/Pentagon will be heart broken Are they blaming Elon for this? Will we get the heartfelt messages of the loss to humanity that we got from Twitter? Wall to wall coverage of each Department downsized? Recession is digging in and tech is just the beginning
Source: Reuters - 🏆 2. / 97 Read more »
Twitter is reportedly holding off on paid verifications until after the US midterms | EngadgetBefore Sunday, Musk had reportedly told employees they had until November 7th to ship the feature or else they would be fired.. Does that mean Esther can finally go home for a night? Wow, one day lol Meaning the reality is the engineers who he's blasted for a week couldn't get the functionality to production ready in time. I suppose his style of management leaves a lot to be desired.
Source: engadget - 🏆 276. / 63 Read more »
Hitting the Books: How Pokemon took over the world | EngadgetIn his newest book, 'Fight, Magic, Items: The History of Final Fantasy, Dragon Quest, and the Rise of Japanese RPGs,' Aidan Moher takes a wondrous in-depth look at the history of Japanese role playing games..
Source: engadget - 🏆 276. / 63 Read more »
Spain temporarily closed its airspace due to an out-of-control Chinese rocket | EngadgetFor the second time this year, the uncontrolled remnants of a Chinese Long March 5B came crashing to Earth.. Es poco probable que impacte contra un avión.
Source: engadget - 🏆 276. / 63 Read more »