The Economic Times

Meta planning more layoffs after terminating 8,000 staff? Axed employee's remark on Mark Zuckerberg sparks buzz

Meta CEO Mark Zuckerberg informed employees that no further company-wide layoffs are anticipated this year, following a recent wave affecting 10% of the workforce. Despite Zuckerberg's assurance, former employees and current staff express skepticism, citing rumors of August layoffs and a focus on performance-based cuts to avoid the company-wide label.