S Job Layoffs 2024. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand. A meta spokesperson told business insider on wednesday that the company was looking for other positions for affected workers.
Meta has announced layoffs across key divisions, including whatsapp and instagram, as part of. European aircraft maker and boeing rival airbus said wednesday that it was laying off 2,500 workers as it tries to turnaround its struggling defense and space division.