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.