VP, Research Director Mike Proulx addresses Meta’s “identity crisis” as the company announces thousands of layoffs.
Axios: Meta’s foundation is crumbling
Barrons: Facebook Owner Meta To Lay Off 11,000 Staff
Yahoo! Finance: How Meta went from a trillion-dollar company to mass layoffs
Associated Press: Facebook parent Meta cuts 11,000 jobs, 13% of workforce
Asahi Shimbun: Facebook parent Meta cuts 11,000 jobs, 13% of workforce
DigiconAsia: Forrester analysts: Tech layoffs and Meta job cuts
Dataquest India: 11,000 Meta Employees Fired, But Tech Talent Will Have No Trouble Finding New Jobs Says Expert
Adweek: Meta Eliminates Over 11,000 Jobs, Marking First Layoffs in Its 18-Year History
Adnews: Meta’s sackings likely to become contagion
Read more from Mike here.