The tech industry’s layoffs and hiring freezes: all of the news
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Meta’s “year of efficiency” reportedly isn’t off to a good start.
According to a report from The Financial Times, Meta employees say things are “still a mess” and that “zero work” is getting done because the company hasn’t provided clear guidance surrounding budgets for various projects.
Meanwhile, morale remains low as staffers prep for another round of layoffs as part of CEO Mark Zuckerberg’s plans to cut costs across the company, which the FT says could occur around March.
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