Part 4/7:
The statistics surrounding these layoffs are dire. In the tech sector alone, over 75,000 employees have lost their jobs in recent months, a trend that shows no sign of slowing down. Meta has significantly contributed to this figure, announcing thousands of job cuts not just once but multiple times. This pattern of layoffs at Meta reflects broader issues within the tech industry, where concerns about economic instability, inflation, and rising interest rates have prompted many organizations to shrink their workforce dramatically.