It has been reported that Meta, which runs major social networking sites like Facebook and Instagram, will lay off several thousand additional employees.
Many companies that have been operating primarily for a few months are involved in retrenchment. From Elon Musk to Twitter to India’s Pygees, many have fired their employees. Meta, which has already joined the ranks, laid off around 11,000 employees last November.
Now it has been reported that thousands of employees will be laid off again. Due to this, Meta employees are in fear. They have said that this action is being taken due to the economic crisis.
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The Meta Company is currently focusing on their virtual instrument, Metawares. It seems that Mark Zuckerberg, CEO of Meta Company, has instructed company directors to keep only the employees they need and fire other employees.
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