Meta is planning another round of layoffs. According to two people familiar with the situation, there has been a lack of clarity at the company regarding budgets and future headcount.
The layoffs are expected to begin in March, but it is unclear how many people will be affected. According to the report, the lack of clarity has resulted in staff noting that not much work is getting done because managers have been unable to plan ahead. Certain budgets that should have been completed by the end of the year have yet to be completed, and decisions that should have taken days are now taking a month in some cases.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
