Meta Platforms Is Said to Plan Thousands More Layoffs

Meta is undergoing a second round of layoffs within four months as part of an efficiency drive led by CEO Mark Zuckerberg. The company aims to meet financial targets and flatten its organization by cutting non-essential teams. This move has led to anxiety among employees, especially concerning bonuses. Despite the layoffs, Meta's stock has risen, indicating investor approval of the efficiency measures. The layoffs are being expedited before Zuckerberg's parental leave.

What is the main reason behind the recent layoffs at Meta?

• To launch a new product

• To improve efficiency

• To increase advertising revenue

• To expand the workforce

What organizational change is Meta implementing alongside the layoffs?

• Hiring more managers

• Increasing team sizes

• Flattening the organization

• Offering buyout packages

How have investors reacted to Meta's efficiency moves?

• Negatively, with stock prices falling

• Positively, with stock prices rising

• Indifferently, with no change in stock prices

• Confused, with mixed reactions

What is causing anxiety among Meta employees?

• The launch of a new product

• Potential layoffs and bonus concerns

• A new office location

• Increased advertising revenue

What shift in focus has Meta made due to declining advertising revenue?

• Expanding into e-commerce

• Developing a new social media platform

• Focusing on virtual reality

• Investing in traditional media