Edulet
Active member
While it may be hard to believe that Meta would lay off thousands of employees, it's true. The company has announced that they will not be hiring anymore until profits catch up with their growth. Mark Zuckerberg, the founder and CEO of Meta, said that creating a metaverse will take some time. He noted that the company's future isn't in the hands of one person, but rather the many people who work for it.
The layoffs are expected to start this week, with a formal announcement coming soon. It is estimated that Meta will cut about 15 percent of its workforce in the next few years. In addition, it is expected that the company's market stock will drop rapidly. That means that it will be more difficult for employees to find new jobs.
The layoffs are expected to start this week, with a formal announcement coming soon. It is estimated that Meta will cut about 15 percent of its workforce in the next few years. In addition, it is expected that the company's market stock will drop rapidly. That means that it will be more difficult for employees to find new jobs.
