12,000 Meta employees may lose jobs amid 'quiet layoffs': Report

Meta, formerly Facebook, is undergoing "quiet layoffs" that could affect 15% or around 12,000 employees of the company's workforce, Insider reported citing several employees. Meta's executives reportedly told directors across the company to select at least 15% of their team to be labelled as "needs support". These employees will be put on a performance improvement plan and eventually let go.