After Twitter, Facebook’s decree continues, company owner Mark Zuckerberg is going to do this big job – Facebook has decided to lay off 10 percent of its employees

Mark Zuckerberg - India TV Hindi News

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Mark Zuckerberg

After Twitter, Facebook has issued a decree. Mark Zuckerberg, the owner of the social media giant, said that we have taken this decision ourselves. Today i.e. on Wednesday, Facebook has made a plan to remove 10 percent of its employees. Mark himself gave this information. At the same time, it was told that the employees, who are going to be fired, will be fired by giving them four months’ salary.

Mark himself took responsibility

According to the Wall Journal, Facebook’s parent company Meta Inc started laying off from Wednesday. After this news, the employees working in other Meta companies Instagram and WhatsApp are losing their sweat. Mark told that some such decisions were taken due to which this step has to be taken. Let us tell you that in view of the economic recession fears around the world, it has been decided to leave Facebook. According to the information, about 87,000 employees work in Facebook. Ten percent of these employees will be fired.

tik tok and youtube become enemy
Facebook was founded in 2004. This is going to be the first time that instructions have been given to remove Mark employees on such a large scale. The Corona period was very profitable right here. In the month of September of last year, Facebook made a great recovery. At the same time, the shares of Meta have registered a fall of 73 percent in the same year. The companies behind this are Tiktok and YouTube, which compete in social media. If seen in recent months, Facebook users are now moving to Tik-Tok and YouTube. Stopping it has become a daunting task for Mark. Due to these reasons, the revenue of Facebook has been greatly reduced.

Continued layoffs in companies
After Elon Musk took over the reins of Twitter, the squabbles within the company have continued. Its most impact has been seen in India. More than half the employees of Twitter in India have been fired. At the same time, rideshare company LYFT has also fired 13 percent employees. Apart from this, the payment processing firm has fired 14 percent of the people. Companies like Amazon and Google have also banned their new restoration.

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