Business: Meta is implementing significant layoffs, cutting thousands of jobs and providing severance payments to affected employees.
🚨 Big changes at Meta! 🚨 The tech giant has started notifying about 10% of its 78,000 employees of layoffs, totaling around 8,000 roles. Severance for U.S. workers includes 16 weeks of pay, plus healthcare coverage tripled to 18 months. Meanwhile, over 7,000 employees will transition to AI initiatives. Stay tuned for updates! #Meta #TechNews
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