Meta's Big Chop: 3,000 Employees to Face Layoffs
In a surprising move, Meta is set to lay off 3,000 employees, which constitutes about 5% of its workforce, as revealed by a leaked internal memo. The layoffs are scheduled for February 10, 2025, as part of a broader initiative to cut costs and increase performance standards. This decision aligns with similar moves by other tech giants, signaling a notable trend in the industry. Notifications will be staggered, with international employees being notified at 2:30 am IST and U.S. employees at 6:30 pm IST, stirring up public and internal anxiety.
Feb 9