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Looming layoffs: Tech’s sudden downturn continues

It was recently reported that Meta, the umbrella company for Facebook, Instagram and WhatsApp, plans to layoff off thousands of its employees. This news comes less than a week after Twitter got rid of nearly 800 of its San Francisco-based workers amid Elon Musk’s eventful first week at the helm of the company.

Meta and Twitter join a growing number of large tech companies that have laid off thousands of workers in recent months. 

Watch our video to see why layoffs in big tech keep happening.

Mike Kuba can be reached at mike@sfstandard.com

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