Layoff: The 'last round' of layoffs in Meta, this time so many people will lose their jobs - Newztezz Online

Breaking

Thursday, May 25, 2023

Layoff: The 'last round' of layoffs in Meta, this time so many people will lose their jobs

Meta Layoff 2023: Meta has become the biggest tech company to lay off on a large scale, after ousting 11,000 employees in the first round, the company had decided to lay off 10,000 employees.

Meta Layoff 2023: The phase of retrenchment is not over yet, Meta had talked about the removal of 10,000 employees in March this year. After two rounds of retrenchment, now the company is about to start the retrenchment process once again, it is being said that this will be the last wave of retrenchment in Meta. Let us tell you that 10,000 people were not fired at once, this is the third round of retrenchment in the company and this time there are reports of 6,000 people being fired.

Meta had laid off 11 thousand people in the first round

During the first round of retrenchment in Meta Company, 11,000 employees were shown the way out of the company. After this, with the announcement of laying off 10,000 people in March, Meta has become the biggest tech company to lay off people on a large scale.

This time these departments can be affected

According to a TechCrunch report, the third round of layoffs at Meta may also affect the business department. Some of the fired employees from site security, marketing, content strategy, enterprise engineering, program management and corporate communication have given information about this by posting on the professional network platform LinkedIn.

In Ireland, Meta said on Wednesday that 490 employees could be fired from the sales, marketing, finance and engineering departments.

Meta told why retrenchment is necessary

Meta, the company handling Facebook, WhatsApp and Instagram, said that layoffs are necessary to increase work efficiency, let us tell you that the company had employed many employees by over-hiring during Kovid 19. The thing to note is that That Meta is currently busy preparing its product roadmap for the remaining months of this year.

No comments:

Post a Comment