Meta plans to lay off 8,000 employees: The process of reducing workforce will start from May 20; There will be 10% staff reduction at global level
Meta, the parent company of Facebook and Instagram, is planning to fire about 8,000 employees in May this year. This layoff will be the company’s biggest step after the restructuring that took place in late 2022 and early 2023. According to Reuters report, this large-scale workforce reduction may begin around May 20. In the initial…