Here’s how Meta is justifying its layoffs to thousands of employees (opens in new tab)

Meta officially announced a sweeping round of layoffs today that will impact thousands of employees across the business, or about 10% of the company’s 78,000-person workforce. In a memo to employees today—obtained by Business Insider—Meta remained coy about the rationale for the layoffs, using the same language as in prior internal communications. “As previously shared, we have decided to reduce headcount as part of our continued effort to run the company more efficiently and to allow us to o...