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Meta, the parent company of Instagram and Facebook, has kicked off mass layoffs impacting thousands of employees globally — even as the tech giant reported strong earnings. Talk about a plot twist!
While profits remain healthy, insiders point to financial pressures and political tensions reshaping Big Tech’s priorities. Could this signal a bigger trend in the industry? Analysts say companies are now prioritizing AI development and cost-cutting over workforce stability.
For young professionals and students eyeing tech careers, this move raises questions about job security in a sector once seen as unshakable. One laid-off worker tweeted: \"Feeling like a discontinued app feature rn.\" Ouch.
We’ll keep tracking how this impacts innovation, stock markets, and the broader digital economy. Stay tuned!
Analysts say companies are now prioritizing AI development and cost-cutting over workforce stability.
One laid-off worker tweeted: \"Feeling like a discontinued app feature rn.\" Ouch.
