Meta Platforms confirms a 10% layoff in May, and Microsoft discloses its first voluntary retirement plan
Meta Platforms’ chief human resources officer, Janelle Gale, released an official memo on Thursday confirming that the company plans to lay off about 8,000 employees on May 20, or roughly 10% of its total workforce, and will also pause its plans to fill 6,000 open positions. That same day, Microsoft disclosed a voluntary retirement plan for about 7% of U.S. employees, marking the first time the company has introduced such a program in its 51-year history.
MarketWhisper·04-24 05:26







