Advertisement

After Twitter, Facebook parent Meta may fire thousands of employees to save falling revenue

Facebook parent Meta is reportedly planning to layoff thousands of employees this week. According to The Washington Post, Meta's job cuts would relatively be smaller on a percentage basis than the cuts at Twitter last week (about 50 per cent); however, the number of employees expected to lose jobs could be "largest to date at a major technology corporation in a year that has seen a tech-industry retrenchment". Currently, the company has roughly 87,000 employees.

Read More

VIDEOS FROM OTHER SECTIONS

LATEST VIDEOS

advertisement

Video: Vijay takes oath as Tamil Nadu CM amid loud cheers and chants

TVK leader C Joseph Vijay on Sunday took oath as the Chief Minister of Tamil Nadu amid a sea of supporters, his friends and family, and several political leaders. Eight other TVK leaders were sworn in besides him, as ministers in the new government. Congress leader Rahul Gandhi also attended the ceremony. The TVK managed to secure the Governor's nod to form the government after the Congress, the CPI, the CPI(M), the VCK, and IUML extended their support to the Vijay-led party for a colaition government.