Meta plans large scale layoffs amid fear of recession – Katoch Tubes

Meta set FOR mass layoffs

Meta Workforce

Meta has more than 87,000 employees. Majority of them are working in the reality labs division

The latest update

Acc. to WSJ, the planned layoffs could impact thousands of employees across several divisions.

Reality Labs Division

Reality Labs division registered $3.7 billion loss would also see staff cuts ahead.

Mark Focus Areas

Mark Zuckerberg said that the company will focus on AI, advertising business & messaging platforms.

Hiring is ON for Metaverse

The company is still hiring or  its metaverse division despite the slowdown

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