Meta may have spent at least $88,000 per person when it laid off 11,000 in 2022. This year could see even more job cuts
Like many other tech companies, Meta recently resorted to mass layoffs in a bid to cut costs. But they may have been far more expensive than anticipated. In November 2022, the company cut 11,000 jobs, the biggest in its history and around 13% of its workforce. Meta paid $975 million on “Severance…
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