Meta's expected large-scale layoffs this week may not be all bad news for the Bay Area, according to a tech expert. Here's why.Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark ZuckerbergThe move comes just a week after widespread layoffs at Twitter under its new owner, billionaire Elon Musk.
Some of the pain is company-specific, while some is tied to broader economic and technological forces.Last week, Twitter laid off about half of its 7,500 employees, part of a chaotic overhaul as Musk took the helm. He tweeted that there was no choice but to cut the jobs "when the company is losing over $4M/day," though did not provide details about the losses.
Why isn't MattHaneySF and Scott_Wiener tweeting their complaints about this
OH no how terrible,,,cough,cough,,,
NEWS_MAKER Any protests or investigations? Didn’t think so.
Where is lisabloom with the lawsuit?
MattHaneySF get zuckerbergs people the ones you chased out
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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