$Meta Platforms (META.US)$As the economy is poor, large layo...
$Meta Platforms (META.US)$As the economy is poor, large layoffs can be used as a short-term boon for meta. What we are comparing now is not whether the company can make more money than expected, but which one will save money. Everyone is saving money, and meta is even cheaper than most companies. Just like everyone wears cotton-padded jackets and big underpants in the cold winter, meta wears a big V-collar miniskirt and immediately stands out from the crowd. Meta layoffs are officially announced: a total of more than 11000, accounting for about 13% of the company's total employees. This is the first round of mass layoffs in the social media giant's history.
On Wednesday, local time, Meta CEO Zuckerberg confirmed the scale of the overall layoffs, accounting for about 13% of the total number of employees, bringing the total to 11000. The company will also extend the hiring freeze into the first quarter.
On Wednesday, local time, Meta CEO Zuckerberg confirmed the scale of the overall layoffs, accounting for about 13% of the total number of employees, bringing the total to 11000. The company will also extend the hiring freeze into the first quarter.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
