Preparation to lay off 15,000 employees in Meta: This is 20% of the total workforce; Investment on AI and purchase of startups became the reason

Preparation to lay off 15,000 employees in Meta: This is 20% of the total workforce; Investment on AI and purchase of startups became the reason

Hindi News Business Meta Prepares 15,000 Job Cuts | AI Investment & Startup Buys Drive Reasons 10 minutes ago copy link Facebook and Instagram’s parent company Meta is once again preparing for mass layoffs. According to Reuters report, the company may show the way out to 20% of its global workforce. Meta had about 79,000…

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Amazon Plans Up To 15 Percent HR Layoffs While Recruiting 2,50,000 Holiday Staff: Reports

Amazon Plans Up To 15 Percent HR Layoffs While Recruiting 2,50,000 Holiday Staff: Reports

E-commerce and tech powerhouse Amazon is reportedly preparing to reduce its workforce, targeting up to 15% of roles in its human resources department, along with several other positions, according to media reports. A spokesperson for the company, Kelly Nantel, has declined to comment on the matter. This move comes amid broader cost-cutting measures as Amazon…

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