News Formal

Meta may be next Silicon Valley tech company to announce mass layoffs, sources say

  • 📰 abc7newsbayarea
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

A new report says the Menlo Park-based giant is expected to announce large-scale layoffs sometime this week.

The Wall Street Journal cites close sources that say the announcement could be handed out as soon as Wednesday.The layoffs are expected to affect many thousands of Meta employees. It's unclear what percentage of its overall workforce.

Meta's stock has fallen more than 70% this year.
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

eIonmusk, is this true?

Shouldn’t have screwed with Instagram

🏴‍☠️

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 529. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Silicon Valley Business Journal seeks nominations for Power 100 list - Silicon Valley Business JournalEarly next year, the Journal will be unveiling the Power 100, a list of Silicon Valley's 100 most important and influential people. We need your help finding them.
Källa: svbizjournal - 🏆 334. / 59 Läs mer »