Meta Poised for Biggest Layoffs in Its History
Meta is reportedly poised to lay off the largest number of employees in company history, beginning this week.
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Meta is reportedly poised to lay off the largest number of employees in company history, beginning this week.
According to The Information, Meta Platforms' Vice President of Remote Presence and Engineering Maher Saba has instructed managers to identify and
Earlier this month, Meta chief product officer Chris Cox, in a memo to employees, warned about a "serious" year as its ad business continues to take hits amid a weakening economy.
At Meta, the managers have been asked to identify and 'move to exit' the poor-performing employees of the company. The decision has been taken because the company is struggling with macroeconomic pressures and hitting its advertising business.
Meta To Identify Low Performers For Impending Layoffs Reports