BUSINESS

1

[{"selector":"#anim-d4088102-024b-4594-aacd-1aa998075acf","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-23111544-69a7-4912-b0fd-146e0b680179","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-df246d73-cc98-4f06-9733-38e65e8822d6","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0803c6d1-e943-4ff5-adf2-8bd2c30870d6","keyframes":{"transform":["translate3d(0px, 133.62418%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

2

[{"selector":"#anim-5141d062-4051-4ac5-9852-5e43874dc026","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81969b37-5c82-4613-8f5b-4e7e968f3d32","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc4668f9-e9d1-480b-9e7b-8ea84d37e16e","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b980d3f-593e-4553-ad96-4fe9c0cf60dc","keyframes":{"transform":["translate3d(0px, 133.62418%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

3

[{"selector":"#anim-db7f0c3e-7638-4843-96a4-3b4f9f19427a","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82138837-3d2d-497a-86f0-5df306aeeb3a","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fdb628ec-1bb7-4fa3-91e6-a2903a9048ad","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-35f19275-6988-41a6-b01a-0c212db68739","keyframes":{"transform":["translate3d(0px, 205.82440%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

4

[{"selector":"#anim-104bca47-0389-4d79-a5f8-c5d7ebf26868","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0d594d5-a781-48d1-896d-d942892a2a5a","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-969ebe82-9893-4004-8bbb-585346510bfd","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2905cd69-2f2c-4318-98f3-52e9fd030cca","keyframes":{"transform":["translate3d(0px, 205.82440%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

5

[{"selector":"#anim-e7ef8c7a-0d0f-416a-a213-5620dc8990a7","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11b9b49a-52c3-4e7e-9c19-80984c1a2437","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9527aca6-51bb-4b88-ba34-ccecdfeabc54","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc97b207-fb24-46ab-b472-0de64424ed30","keyframes":{"transform":["translate3d(0px, 133.62418%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Meta to cut more jobs

[{"selector":"#anim-ba627b78-c657-4fbf-954f-d3c509c51890","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Read more about this here

[{"selector":"#anim-2bf89b19-03db-4ab3-beeb-51840072197b","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Click Here For more Business news click here

BUSINESS

Meta plans to fire more employees

1

Layoffs loom ahead

Meta is reportedly planning to axe more employees, with non-engineering positions expected to be the worst hit. This is aimed at flattening the company's organizational structure.

2

Streamlining

Mark Zuckerberg has deputized human resources, lawyers, and financial experts to develop strategies to flatten the company's structure. Some managers will be pushed to lower-level roles.

3

Not a fan

Zuckerberg is not a fan of Meta's organizational structure. He is against the idea of multiple layers of managers in a single team.

4

More cuts

During the latest earning calls, Zuckerberg indicated that Meta was far from done with layoffs. He said 2023 will be the "year of efficiency."

5

Performance review

Hinting at more job cuts, Meta recently gave subpar ratings to 10% of its workforce or around 7,000 employees.

Meta to cut more jobs