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META
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179 days

Despite recent layoffs, Meta is expanding in India

1. META cut 5% of employees labeling them low performers. Layoffs sparked internal controversies. 2. META expands to Bengaluru with 41 new engineering roles. Focus is on software, ML, and chip design. 3. New Bengaluru site aims to build engineering leadership in India. The center is part of the Enterprise Engineering team. 4. Expansion offsets layoffs with backfilled positions. Strategy reflects long-term global growth ambitions.

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FAQ

Why Bullish?

Despite controversial layoffs, META’s strategic expansion in India signals a commitment to long-term innovation and cost efficiency. Historical cases, such as tech companies reorganizing to cut costs while investing in growth hubs, have often led to improved margins and market confidence.

How important is it?

The recruitment shift and expansion in India demonstrate a strategic redirection that may positively impact innovation and cost bases. However, the scale is modest compared to META’s global operations.

Why Long Term?

Establishing an engineering hub in Bengaluru will yield benefits over years through enhanced R&D and operational efficiencies, similar to tech industry shifts towards cost-effective regions.

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