Meta to announce more job cuts today: Report
Disney is also reportedly planning a fresh round of lay offs after it fired 7,000 of its employees in March this year
Tech giant Meta will be initiating a fresh round of layoffs today, say media reports. The company had laid off over 20,000 employees recently in two rounds. The latest cycle of layoffs comes as Meta looks to restructure the team with the goal to improve efficiency.
Apart from Meta, Disney is also planning to let go thousands of its employees next week, which includes 15% of the staff in its entertainment division, according to a news report. The company laid off 7,000 employees in March this year.
