Why the mass layoff?
The reasons are similar to Meta’s job cut. For starters, the economic downturn is a major factor in this. The struggling economy is having a negative effect on several companies’ finances. What makes this worse is the fact that this is still up in the air. Since the company has not announced anything official, the number of laid-off employees could change. It could be more, or it could be less. Only time will tell. All we know is that a lot of people are going to be getting some bad news over the next couple of days.
