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Social media giant may lay off 3,700 employees; remote policies may be adjusted.
According to the latest news, the new head of a large social media platform is considering significant layoffs to drop operating costs. Insiders reveal that the company may announce the reduction of about 3,700 employees this Friday, a number close to half of its current workforce.
In addition to personnel adjustments, the company may also modify its existing remote work policy. The new management tends to require most employees to return to the office, although there may be a few exceptions.
Currently, the new leader is closely discussing several major decisions with their advisory team, including the scale of layoffs, compensation plans, and more. Insiders emphasize that the final specific plans may be subject to adjustments. These transformative measures aim to optimize the company's structure and improve operational efficiency.
Industry insiders generally believe that this round of large-scale personnel changes will have a profound impact on the company's future development direction. The market is also closely watching the series of actions that this social giant will take next.