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by Alexander Fäh

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Writer's pictureAlexander Fäh

Meta plans further layoffs

Meta plans more layoffs this year.

"The Year of Efficiency"; Image: CNBC

Meta is said to be planning more layoffs in the future. According to two company employees, there is uncertainty about budgets and future headcount.


Last year, Meta laid off a total of 11,000 employees, or about 13% of all employees. There is too little efficiency, reports one employee. Things seem to be running wild at the company. Meta expects to spend $95 billion this year.

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