
The retrenchment of employees of Meta in India can start from today i.e. Wednesday. At least two employees of the social media giant in India have indicated this. Reports from several international publications also suggest that the next round of job cuts is expected to begin today.
Social media platforms like Twitter and Blind which provide a platform and community for verified employees to discuss serious issues are showing signs of layoffs starting today. Speaking to the media, an employee spoke on the condition of anonymity. But told, “The layoffs were announced last month and since the beginning of April there are rumors that the second round of layoffs will start from April 18 or 19. Another employee, on the condition of anonymity, said that the lower level employees will face layoffs this week while employees in key leadership positions such as business heads will be affected next week. The source also indicated that layoffs at the parent company of Facebook and Instagram will stop by early next week.
Meta employees in India are worried but waiting for confirmation
Speaking to the media, several Meta employees in India said that discussions about the layoffs have been around since early April, but no official notification has been issued as of April 18 (11:00 p.m. IST). However, in an internal memo obtained by The Washington Post, Meta's head of human resources, Lori Golar, wrote Tuesday evening that the company will begin notifying its technical teams of employees it has decided to lay off.
In November last year, the company fired 11,000 people.
A company employee in India said, “Meta is known to give layoff notices early in the morning. So, it could be that we get the layoff notification as early as the following morning, or it could be around noon in India if they follow PST. Meta had laid off 11,000 people in November last year, cutting its workforce by 13 percent.
Basant Panchami 2024: Basant Panchami is one of the most special festivals of the Hindu religion.
Bollywood actress Sonakshi Sinha remains in the news for the wedding news. According to media rep
India won the title by defeating New Zealand in the final of the Champions Trophy 2025. After thi
Mid-Cap Stocks Rally Again: Smart Opportunity or Rising Market Risk? Experts Explain
The Indian stock market is once again witnessing renewed enthusiasm in mid-cap stocks. After endu
Supreme Court Justice Surya Kant will be sworn in as the 53rd Chief Justice of India on Monday.
Before the third phase of Lok Sabha elections, Prime Minister Narendra Modi is fiercely atta
Due to heavy rains, India's financial capital Mumbai came to a standstill on Saturday. It has bee
The IPL 2024 season is now slowly reaching its final stage where all the team
Sanjay Dutt is soon set to appear in a courtroom drama film titled Aakhri Sawaal. The film is sla
After Operation Sindoor, the central government has formed a team which will go to different coun