Meta could begin large-scale layoffs this week, report says

[Vaampire]

14 minutes ago, Chevilopuvvu said:

40% ante 35000 workers kaka. Antha pedda layoffs iythaya? Economy antha bad led vaa anni layoffs seyaneeke.

Antha mandini layoff cheyyaru. Incremental gaa next 1 yr lo 20% mandini layoff cheyyochu. Inko 20% vere jobs vethukoni povochu.

economy is not that bad overall but companies like fb/snap are effected 10 times more than other companies. Apple privacy changes baaga debba kottindi

[Netflixmovieguz]

6 minutes ago, dasari4kntr said:

what do you think...which sector effect most..?

This time it’s a different scenario with inflation of 1970’s and 1999 Dot com bubble replica and 2007 housing bubble.  Tech is going to take down other industries.

[dasari4kntr]

8 minutes ago, Netflixmovieguz said:

This time it’s a different scenario with inflation of 1970’s and 1999 Dot com bubble replica and 2007 housing bubble.  Tech is going to take down other industries.

i too have same thought...

[Gorantlamdhav]

1 hour ago, Vaampire said:

Meta is in very tricky situation. 87k head count is too much for its business. 
meta is known for good stock refreshers which they cant do now. 
they have to let go atleast 40%

musk gadi g safe emo ee news lo vadi news kanipiyyadu

fb I think can’t cut staff in verse as its big investment and needs workers

old fb lo cut cheyochu as its mature stable product and not much enhancements happening 

[Netflixmovieguz]

1 minute ago, Gorantlamdhav said:

musk gadi g safe emo ee news lo vadi news kanipiyyadu

fb I think can’t cut staff in verse as its big investment and needs workers

old fb lo cut cheyochu as its mature stable product and not much enhancements happening 

Looking at it 1/3rd workforce has to go. Sorry but it has to be done to save the company 

[Chevilopuvvu]

4 hours ago, Vaampire said:

Antha mandini layoff cheyyaru. Incremental gaa next 1 yr lo 20% mandini layoff cheyyochu. Inko 20% vere jobs vethukoni povochu.

economy is not that bad overall but companies like fb/snap are effected 10 times more than other companies. Apple privacy changes baaga debba kottindi

Frivacy changes ki 10 billion loss antunnaru.. daaniki 35000 theeyar. 

[MRI]

5 hours ago, Vaampire said:

Meta/snap got big hit with apple privacy changes.  There is no easy way

+burning cash with metaverse nonsense