Meta layoffs: Employees paying the price for excessive growth
The huge layoffs planned by Meta this week, which will include thousands of employees, may also reach its centers in Israel.
Newsrael News Desk 08.11.2022
In the last few days and weeks, most of the technology giants have announced a dramatic halt to hiring and even mass layoffs in extreme cases. The most dramatic step is currently being taken by Meta (formerly Facebook), which, according to a report by the Wall Street Journal, is preparing for an extensive cutback process, the first in its history.
Meta Israel did not comment on the reports on the subject or the possible impact of the layoffs on the local centers.
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