Meta Might Axe over 12,000 Facebook Employees In ‘Quiet Layoff’

TL;DR

Meta is hard hit and the poor staff is gonna take the fall, as the company is berserk with shrinking revenue and its numerous failures to curb controversies.Meta has a longstanding practice of terminating employees whose roles have been eliminated but couldn’t find a new role in the company.There’s no public acknowledgment of either the shrinking revenue or restructuring of the company by Meta.Companies like Google and Microsoft have issued stern warnings to the employees to leverage their productivity amid hiring freeze and budget cuts.See Also: Elon Musk's ‘Recession Is A Good Thing And WFH People Will Have A Rude Awakening’ Remark Sparks Global DebateSee Also: Sundar Pichai Aims To Make Google 20% More Efficient; Slashes All R&D Projects At Area 120 See Also: Move Over ‘Moonlighting’ And ‘Quiet Quitting’, Managers Are Now Worried About ‘Productivity Paranoia’"

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