META expected to layoff thousands of wokers starting Wednesday as total workforce exceeds 87,000

1srelluc

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Nov 21, 2021
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The Facebook and Instagram parent company reported over 87,000 employees at the end of September, but these “large-scale” layoffs are expected to slash a significant portion of staff members. According to the WSJ, the layoffs could hit Meta even harder than the mass job cuts at Twitter, which affected about half of the company’s 7,500-employee workforce.


Meta’s reportedly planning to lay off ‘thousands’ of workers this week

LOL.....Maybe they can learn to pipeline or coal. :laughing0301:
My co-workers who are game addicts say META is gay as hell.
 
Although Zuckerberg says Facebook has more active users than ever before, investors are still concerned about the company’s pricey bet on the metaverse. Meta’s virtual reality arm lost $3.7 billion this past quarter and a total of $9.4 billion this year, while the company’s stock is trading at its lowest price since 2016.

They have no choice but to slash their payroll, they are going to go bankrupt if they don't stop the bleeding.
 
The Facebook and Instagram parent company reported over 87,000 employees at the end of September, but these “large-scale” layoffs are expected to slash a significant portion of staff members. According to the WSJ, the layoffs could hit Meta even harder than the mass job cuts at Twitter, which affected about half of the company’s 7,500-employee workforce.


Meta’s reportedly planning to lay off ‘thousands’ of workers this week

LOL.....Maybe they can learn to pipeline or coal. :laughing0301:
Are they going to be employed by the IRS? Curious how the layoff numbers match exactly the number of new Biden IRS agents.
 
Yeah....the Twitter knockoff filled with bots and trolls inside of 7 minutes....

Now comes the federal C&D order to shut them down so Elon can sue them properly.

Meta is in a LOT of trouble....

Especially if they can prove launching Threads was just a ruse to manipulate stock prices while everyone in Management sold their stock.
 

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