Facebook parent Meta is reportedly planning to layoff thousands of employees this week. According to The Washington Post, Meta's job cuts would relatively be smaller on a percentage basis than the cuts at Twitter last week (about 50 per cent); however, the number of employees expected to lose jobs could be "largest to date at a major technology corporation in a year that has seen a tech-industry retrenchment". Currently, the company has roughly 87,000 employees.

#Facebook #Meta #Twitter #Technology #Mark Zuckerburg