Meta, the parent company of Facebook, has announced another round of layoffs, targeting its business groups. The move comes as part of the company’s ongoing efforts to streamline operations and improve efficiency. While Meta has not officially confirmed the extent of the layoffs, social media posts from impacted employees have shed light on the situation.
Social Media
25 May, 2023
SamkarTech
Tech giants including Meta, Accenture, and Amazon continue to announce mass layoffs, with thousands of employees set to lose their jobs. The reasons behind these job cuts are mostly focused on cost-saving measures and restructuring efforts to support long-term business goals. Despite the ongoing COVID-19 pandemic, the tech industry has largely remained resilient, with many companies seeing an increase in demand for their products and services. However, these layoffs suggest that not all companies are immune to the economic challenges posed by the pandemic and ongoing industry shifts.
Tech News
25 April, 2023
SamkarTech
