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Chronicles

The story behind the story

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Sources: Meta plans multiple rounds of layoffs over the coming months that in total would be roughly the same magnitude as its ~13% cut in November 2022

Wall Street Journal :

Wall Street Journal

Discussion

  • @susanlitv Susan Li on x
    #Facebook-parent #Meta is planning additional layoffs to be announced in multiple rounds over the coming months that in total would be roughly same as the 13% cut to its workforce last year No wonder why I'm getting so many mistaken emails lately #SusanLi https://www.wsj.com/...
  • @donnie_thedd Donnie on x
    Yet Twitter are the only tech company being scrutinized by big brother? 🤔 Facebook Parent Plans New Job Cuts https://www.wsj.com/...
  • @sal19 Sal Rodriguez on x
    The latest on FB: Meta is planning more layoffs over the next quarter, with the first wave expected to be announced this week. Cumulatively, the wave of cuts coming are expected to be on par with those from Nov https://www.wsj.com/... with @JeffHorwitz, @samschech & @newley
  • @hrnext Anurag Shrivastava on x
    The overall h/c reduction when it all ends will be more like 40% https://twitter.com/...
  • @jeffhorwitz Jeff Horwitz on x
    Meta job cuts continue. They start up again next week, expected to be roughly on the same order of magnitude as November. Severance the same. Recruitment and RL teams working to commercialize wearable products in the near term will get hit hard. https://www.wsj.com/...
  • @brianod_news Brian O'Donovan on x
    According to @WSJ, Meta is planning additional layoffs to be announced in multiple rounds over the coming months that in total would be roughly the same scale as the 13% cut to its workforce last year. The first wave could be announced next week. https://twitter.com/...