The social media giant Facebook’s parent company meta plans to make to make thousands of additional job cuts. This comes after the company announced a widespread layoff in late 2021, which saw around 10,000 employees lose their jobs.
According to sources familiar with the matter, the new round of cuts will primarily affect non-technical positions, such as marketing, sales, and operations. The company is said to be looking to streamline its workforce and focus more on product development and engineering.
The news of the upcoming layoffs has caused concern among employees and industry experts alike. Many are questioning about meta plans and the company’s priorities also wondering if the cuts will ultimately hurt the quality of Facebook’s products and services.
However, others argue that the cuts are necessary for the company’s long-term success. Facebook has been facing increasing competition from other social media platforms, as well as growing scrutiny from regulators and the public. Streamlining the workforce and focusing on product development could help the company stay ahead of the curve and continue to innovate.
It’s important to note that these reports have not been confirmed by Meta, and the company has not yet made an official statement on the matter. However, if the reports are true, it could be a difficult time for those affected by the cuts, as well as for the company as a whole.
Regardless of what happens in the coming weeks and months, it’s clear that Meta is facing a challenging time. The company will need to navigate a rapidly-changing industry landscape, while also maintaining its position as a leader in social media and technology.
Only time will tell if the company’s current strategy will pay off, or if it will need to make further adjustments in the future. For now, employees and stakeholders will be watching closely to see how the company responds to these latest challenges.