Meta prepares for layoffs on Monday -internal memo
1. Meta Plans layoffs while hiring machine learning engineers next week.
FAQ
Why Bullish?
Layoffs can reduce costs, and hiring in machine learning indicates future growth potential.
How important is it?
Strategic layoff and hiring signal financial restructuring, impacting investor confidence in META.
Why Short Term?
Immediate layoffs may stabilize finances, but hiring indicates optimism for technology advancement.