Meta could be preparing for one of the largest layoffs in its history, according to a Reuters report. The tech giant is planning to cut about 20 percent of its workforce, according to the outlet’s sources. According to the report, neither a date nor the exact number of layoffs has been finalized yet.
However, Reuters reported that Meta’s top executives have told “other senior leaders” to start “planning how to pare back.” In its latest financial report, the company’s employee headcount was 78,865 as of
→ Continue reading at Engadget
