It has been speculated that Meta is doing this “to become a more efficient organization.”
In its first-ever mass layoff, Meta fired 11,000 employees, in November of last year.
A number of crypto winters have come and gone, but none have been as severe as the one in 2022. There were widespread asset price declines, corporate closures, hacking, and layoffs. Even though we’ve started a whole New Year, the firing frenzy has continued unabated.
Bloomberg reported recently that Meta is planning to do further layoffs. According to those acquainted with the subject, thousands of workers might be impacted as soon as this week. It has been speculated that Meta is doing this “to become a more efficient organization.”
Year of Efficiency
According to reports, Zuckerberg has designated the year 2023 as Meta’s “year of efficiency.” At annual performance assessments, the firm has been emphasizing this same message to its staff. It was stated last week that all of the assessments had be
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