The Washington Post: Meta plans a new round of layoffs affecting thousands of employees
ChainCatcher news, according to the Washington Post, Facebook's parent company Meta is planning a new round of layoffs that could affect thousands of employees. According to insiders, Meta plans to reduce management levels to make the company structure more flat. Previously, Zuckerberg also hinted that there would be more layoffs.
In November last year, Meta laid off more than 11,000 people, accounting for 13% of its total workforce. Zuckerberg stated to investors this month that last year's layoffs were "the beginning of our focus on efficiency, not the end." He expressed his commitment to "building a flatter organization by removing some middle management." (Washington Post)
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