Meta’s recent layoffs take an unexpected turn
The tech giant just made a harsh move that is raising eyebrows.
Last month, Meta (META) , which owns popular social media platforms Facebook and Instagram, sent a stern warning to employees that it was planning to cut roughly 3,600 jobs. That number amounts to about 5% of the company’s workforce.
In the internal memo sent to employees, Meta CEO Mark Zuckerberg said that the job cuts would be based on performance, and the company will be hiring new employees this year to replace those who are laid off.
