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US media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter.
“We have not heard much about the impact (of downsizing) on India. It’s a wait-and-watch situation. Certainly, there is uncertainty,” said a source. An e-mail sent to Meta Platforms did not elicit any response.
The Wall Street Journal, citing people in the know, reported that Meta may lay off several thousands of its employees and clarity may emerge by November
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