On Thursday, news agency Reuters reported that Microsoft, the American technology giant, plans to cut up to 120 jobs in Germany as part of its global job cuts, according to business news outlet WirtschaftsWoche. The report suggests that this fresh round of layoffs will impact Microsoft’s operations in Germany.
According to a report in The Washington Post, which cited an individual familiar with the matter, Meta is planning to reassign some of its leaders to lower-level positions without direct reports. This move is part of the company’s efforts to flatten the layers of management between Meta CEO Mark Zuckerberg and the company’s interns.
Facebook’s parent company, Meta, is reportedly planning a new round of job cuts that could impact thousands of workers. Top executives, human resources personnel, lawyers, and financial experts are tasked with drawing up plans to streamline the company’s hierarchy.