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As the first workweek of the year commenced, Meta initiated the process of trimming its workforce. Approximately 3,600 employees received pink slips as part of a 5% reduction in staffing. This round of layoffs, reportedly aimed at removing what the company classified as "low performers," highlights the severe financial hurdles that the organization is facing. Notably, this included layoffs in various global locations, although certain countries in Europe, such as Germany, France, Italy, and the Netherlands, are exempt due to local regulations that protect those workers.