#Giveaway  on last slide

Meta To Layoff Thousands Of Employees This Week

Scribbled Arrow

TRENDING GLOBALLY

FOLLOW US:  @theinsaneapp

1

According to the Wall Street Journal, Meta plans to lay off thousands of workers in the second week of November.

Twitter | Insatagram | Facebook

FOLLOW US:  @theinsaneapp

2

Meta employs over 87,000 people, so that the layoffs could be the biggest in tech company history.

Twitter | Insatagram | Facebook

FOLLOW US:  @theinsaneapp

3

Two months after Meta instituted a hiring freeze, these layoffs occurred. 

Twitter | Insatagram | Facebook

FOLLOW US:  @theinsaneapp

4

The firm stated that it would reduce costs by 10%, partly due to staff reduction.

Twitter | Insatagram | Facebook

FOLLOW US:  @theinsaneapp

5

Meta is one of many cutting headcounts. Web3 companies like Bitmex and Mythical Games were among those that cut their workforce in November's first week.

Twitter | Insatagram | Facebook

FOLLOW US:  @theinsaneapp

6

Many other tech companies have also reduced staff in a challenging business environment.

Twitter | Insatagram | Facebook

FOLLOW US:  @theinsaneapp

7

According to WSJ, the company failed to meet its user count goals for Horizon Worlds' flagship initiative.

Twitter | Insatagram | Facebook

#GIVEAWAY BY INSANE

Do you know that we give away around $500 USd in cash prizes every week?

Let’s grow together!