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The coming weeks might be filled with tension as Meta job cut plans are still in motion. A few months ago, the company laid off over 11,000 of its workforce globally. Such layoffs have become a trend with most big tech firms around the world.
Twitter, Amazon, Zoom, Google, and many other tech firms have let go of a good amount of their staff. Most of these layoffs have occurred in recent times and now seem to be a trend in the industry. The rising economic uncertainty around the world has played a major role in some layoffs from big tech firms.
While other firms are working with their remaining staff, Meta has other plans. These plans will also put the jobs of a good amount of Meta’s staff at risk. A recent report carry some information on the possible next wave of Meta layoffs.
Possibilities of more layoffs loom around Meta’s workforce
In a recent report, the Financial Times claim that Meta is planning on a fresh lay-off process. According to this report, work at Meta seems to be slowing down anticipating the coming lay-off. But why will Meta be making plans to cut jobs after letting over 11,000 staff go a few months ago?
Sources claim that the company is planning to reconstruct its workforce. This reconstruction will not only affect how jobs are done but also the amount of staff Meta will need. The amount of staff to be impacted by this possible job cut is still unknown, but the firm has already let go of 13% of its global workforce.
The previous Meta job cut took a toll on every department in the tech firm. The company might also take a similar approach to this coming job cut. There is no clear statement from Meta as to the authentication of this new job cut.
Meta’s CEO did say that before the end of 2023, his company will become “a slightly smaller organization.” But, the company has held back from responding to the possibility of a fresh job cut. This leaves the public hanging on the fate of the current Meta workforce.
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