4 ms·
Nothing in the article supports the "large-scale" qualifier in the title. There's also no link from Reuters to to the alleged WSJ report, but that is unfortunat
by SevenNation 4y ago
Nothing in the article supports the "large-scale" qualifier in the title. There's also no link from Reuters to to the alleged WSJ report, but that is unfortunately par for the course.
I could understand a title like "Meta is preparing layoffs this week", but not the one used by Reuters. Alternatively, the Reuters report could include details possibly contained in the original WSJ article. Or maybe "Meta is preparing to layoff thousands this week" as others have reported.
If it's only 2,000 and the workforce is 65,000 strong, that's 3.1% of the workforce. Is that large-scale?
- pvg 4y agoIt's WSJ's wording from https://www.wsj.com/articles/meta-is-preparing-to-notify-employees-of-large-scale-layoffs-this-week-11667767794 https://www.wsj.com/articles/meta-is-preparing-to-notify-emp...
- pcurve 4y agoFirst, 3.1% is kind of big. Second, there's legal definition of Mass Layoff as per WARN act. > at least 50 employees are laid off during a 30-day period, if the laid-off employees made up at least one third of the workforce > 500 employees are laid off during a 30-day period, no matter how large the workforce; > an entire work site is closed down and at least 50 employees are laid off during a 30-day period.