BUSINESS

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BUSINESS

Meta plans to fire more employees

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Cutting more jobs

Meta is planning to cut more jobs this week. The company aims to achieve its financial targets with the new round of job cuts.

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Before Zuckerberg's leave

The company is asking directors and VPs to make a list of employees. The decision is expected to be made before Mark Zuckerberg's paternity leave.

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Positive impact of layoffs

Meta's stocks have risen by over 80% since the first round of layoffs in November. It aims to make more gains in the market with more job cuts.

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Employee fears

Anxiety and low morale have become common among Meta employees. Many fear whether they will receive their bonuses if they get fired beforehand.