💨 Abstract

Meta Platforms (owner of Facebook) is planning to carry out company-wide layoffs next week, targeting about 5% of its workforce, with notifications starting at 5 a.m. local time on Monday. Exemptions will be made for employees in certain countries due to local regulations. Meanwhile, Meta is also speeding up the hiring process for machine learning engineers and other "business critical" roles.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖