Layoffs and Remote Executives Spark Crisis of Confidence at Meta
- Remaining employees feel abandoned and uncertain of their futures as the tech giant cuts costs.
- More layoffs loom while top managers work from afar, deepening doubts about the company's direction.
- Investor enthusiasm has faded along with the lavish perks, as Meta reins in spending under pressure to streamline.
- Meta faces internal turmoil and sliding morale that pose risks to productivity, innovation and employee retention.
- Cuts that reach into core products like Facebook, Instagram and WhatsApp threaten Meta's competitive edge.