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 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…

Read More
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 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…

Read More
Meta will fire 5% people: CEO Zuckerberg said – 3600 employees with low performance will be affected, 10,000 were fired in 2023

Meta will fire 5% people: CEO Zuckerberg said – 3600 employees with low performance will be affected, 10,000 were fired in 2023

Mumbai16 minutes ago copy link Meta, the parent company of social media platform Facebook and WhatsApp, is going to fire 3600 of its employees. Meta has taken this decision under the performance based job cut policy. Company CEO Mark Zuckerberg said that this will affect about 5% of the company’s employees. According to the data…

Read More