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Meta to fire more employees to achieve financial targets

Shortpedia

Content Team
Image Credit: shortpedia

Facebook-parent Meta is not done firing employees. The company plans to cut more jobs as soon as this week, Bloomberg reported. The social media giant terminated over 11,000 employees, or 13% of its workforce, in November in a bid to cut costs and become more efficient. Rumors of a second round of layoffs at Meta have been gaining momentum for a while.