Meta Layoff 2023: Even after taking out 11 thousand employees from the company, it seems that the company is not satisfied, which is once again preparing to take out thousands of people in the beginning of this week.
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Meta-Layoffs 2023: parent company of facebook meta The platform has once again announced layoffs and this time the company is again preparing to lay off thousands of employees. Some people familiar with the matter say that the company can show the way out of the company to thousands of people at the beginning of this week itself.
Recall that in November last year, the world’s largest social networking company had sacked people on a large scale (13 percent) and kicked them out of the company. Let us tell you that a few months ago, Meta had sacked 11 thousand people by showing them the way out of the job.
Meta Layoff 2023: What is the reason behind the cut for the second time?
Even after laying off 11,000 people, it seems that the company is not satisfied, which is once again preparing to take out thousands of people at the beginning of this week. Several media reports have surfaced indicating that the company is again going to show the way out to the employees to meet its financial targets.
Meta has to see a decline in advertising revenue, due to which the company has shifted its focus towards the virtual reality platform Metaverse. The directors and vice president of the company have asked to prepare a list of those employees who are no longer needed in the company. Please tell that the spokesperson of Meta has not given any official statement about this at the moment.
People familiar with this matter say that this phase of retrenchment can be finalized by next week, let us tell you that it is not yet clear that the people of which department will be affected by the retrenchment this time.
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