In recent months, many technology giants have laid off thousands of workers to cut costs due to the global economic uncertainty. was winding down. Among them was Meta, the umbrella company of platforms such as Facebook, Instagram and WhatsApp.

The company, led by Mark Zuckerberg, just a few months ago More than 11,000, equal to 13% He announced that he was going to fire his employee. Today, a report from The Washington Post revealed that the US tech giant plans to take another similar move.

Meta plans to lay off thousands of people and put some executives in junior positions

According to the report, which was based on a person close to the subject who declined to be named, Meta, could affect thousands of employees. prepares for another step of layoffs. It is stated that this move, which is described as part of the restructuring and downsizing efforts, will impact many different parts of the company around the world and lead to the termination of some projects.

In addition, some of Metas managers are placed in lower positions. was also transferred. It is also among the information that the company expects the people whose positions have been changed to resign. Speaking to the Washington Post, the person says these moves won’t happen in one day, but could spread over the coming months.

Mark Zuckerberg wants more people fired after November layoffs that you didn’t expect he said. But the famed billionaire announced 2023 at an investor meeting earlier this month.productivity year By announcing that they will be reducing middle management and speeding up their decision-making processes, they indicated that more staff cuts will take place.

All companies applying mass layoffs:

So why are tech giants laying off their employees en masse?