Meta Platforms to layoff employees and hire machine learning engineers - report
Investing.com -- Meta Platforms (NASDAQ: META ), the parent company of Facebook, has announced plans to conduct company-wide layoffs next week, while simultaneously speeding up the hiring process for machine learning engineers, according to internal memos seen by staff members on Friday and relayed to Reuters.
Starting at 5 a.m. local time on Monday, notifications will be sent to employees who will be losing their jobs in most countries, including the United States. This detail was revealed in one of the posts written by Janelle Gale, Meta's Head of People.
However, employees based in Germany, France, Italy, and the Netherlands will not be affected by these layoffs due to local regulations. Employees residing in over a dozen other countries across Europe, Asia, and Africa will receive their layoff notifications between February 11 and February 18, according to the internal memos.
A spokesperson for Meta declined to comment on the posts.
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