Meta, the parent company of Facebook and Instagram, is set to implement its largest round of layoffs since 2023. The move, which has been anticipated by employees for weeks, will see a significant number of jobs cut across the company. The exact number of positions affected has not been disclosed, but the cutbacks are expected to have a major impact on Meta's workforce. The layoffs come amid a challenging economic climate and increased competition in the tech industry, raising questions about the company's future strategy and direction.
The cuts, which employees had been expecting for weeks, will be Meta's largest layoff since 2023.
