Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division? By Cointelegraph
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Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?Social media and tech giant Meta is reportedly gearing up for “large-scale layoffs” this week amid rising costs and a recent collapse of its share price.
According to Wall Street Journal (WSJ) report on Nov. 6 citing people familiar with the matter, the planned layoffs could impact thousands of employees in a broad range of divisions across Meta’s 87,000-strong workforce.
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Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?Social media and tech giant Meta is reportedly gearing up for “large-scale layoffs” this week amid rising costs and a recent collapse of its share price.
According to Wall Street Journal (WSJ) report on Nov. 6 citing people familiar with the matter, the planned layoffs could impact thousands of employees in a broad range of divisions across Meta’s 87,000-strong workforce.
Continue Reading on Coin Telegraph
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