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Zuckerberg on the path of Elon Musk, 11000 people have been laid off, is this a sign of recession?

New Delhi. Meta Company CEO Mark Zuckerberg has followed the path of Elon Musk. Actually Elon Musk recently laid off 7500 employees from Twitter. after now Mark Zuckerberg It has been confirmed by the company that Meta company is going to fire about 11,000 people worldwide. Let us tell you that social media companies like Facebook, Instagram and WhatsApp come under Meta company. In such a situation, a total of 11,000 people will be fired from these three companies. According to the company, the number of employees to be fired from the company is 13 percent of their total employee strength.

Zuckerberg wants accountability
Meta CEO Mark Zuckerberg said on the layoff of 11,000 employees, “I want accountability for these decisions as to why we got into this situation. He added that “I know this is a bad time for everyone, And I feel especially sorry for the people being fired.”

These companies also laid off

Talking about other companies except Twitter and Meta, Spectrum has made a plan to cut its workforce. The company can lay off 14 percent of the employees. The same Salesforce has also laid off hundreds of employees. In such a situation, the question is being raised whether the signs of recession have started.

You will get these benefits
Meta currently has about 87,000 employees worldwide, out of which the company is laying off 11,000 people. Zuckerberg has announced that employees who are being fired will be given 16 weeks of salary plus two additional weeks. Those who are working in Meta for the last four years, they will be given 6 months salary. Apart from this, 6 months health insurance will be given to the employees.

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