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Facebook Parent Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week

Summary by Ground News
Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday.
Published 3 months ago · Menlo Park, United States

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Meta planning massive layoffs: report

The Wall Street Journal, citing people familiar with the matter, reported that the layoffs could impact "many thousands" of Meta employees and that an announcement was expected as soon as Wednesday.

3 months ago·Mumbai, India
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Facebook owner Meta expected to announce major job losses

The company faces difficult economic conditions and is investing heavily in its metaverse push.

3 months ago·United Kingdom
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After Twitter, Facebook Parent Meta Is Preparing Large-scale Layoffs Soon

Meta Platforms Inc is planning to begin largescale layoffs this week that will affect thousands of employees.

3 months ago·India
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Facebook parent Meta is preparing large-scale layoffs this week, Wall Street Journal reports

Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday.

3 months ago·United Kingdom
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Facebook’s parent Meta prepares to slash thousands of jobs – reports

Layoffs come after $80bn wiped off company’s market value last month amid global economic downturn

3 months ago·London, United Kingdom
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Facebook parent Meta plans large-scale layoffs this week: report

The layoffs could impact ‘many thousands’ of Meta employees and that an announcement was expected as soon as November 9, The Wall Street Journal reported

3 months ago·India
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The Guardian
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The Independent
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USA Today
Sydney Morning Herald
+24
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Reuters
Hindustan Times
CNBC
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News24
+32
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News18 India
Independent.ie
The Telegraph
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+15
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Latestly
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+2
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L 32%
C 38%
R 30%
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