Posted by: Bennedict November 10, 2022
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Well for Meta, Zuckerberg is giving the fired employees quite hefty severance package and health insurance etc. for 6 months. He well is not concerned about H1B people as he cannot do anything about immigration policies.
I was kind of shocked when Elon Musk fired that recently inducted Indian CEO, as I had seen on social media how elated Indians were when they saw some guy from India went on to become a CEO for Twitter, well it did not last long. Actually nothing lasts for so long. So this layoffs going around will not last for long either.
Some reasons why these layoffs are happening:
# Rising inflation, talk about it. You will know how the prices have gone in your local food store, gas blah blah.
# People controlling their spending habits/ culture, and Elon and Zuckerberg say oh they want to make lean and efficient workforce ever!! Here you can say anything to validate your action.
Last edited: 10-Nov-22 02:19 PM