JOHN HUGH DEMASTRI
DAILY CALLER CONTRIBUTOR
Meta and Google have asked hundreds of employees to re-apply for jobs in their companies, using restructuring efforts as a way to quietly release employees without announcing mass layoffs, The Wall Street Journal reported.
Affected employees are typically informed that, due to reorganization efforts meant to cut costs, they will be granted a limited period to re-apply for a job in the company, with managers telling the WSJ that the method allows the company to make cuts quietly. At Facebook in particular, sources within the company are expecting much of a planned 10% cost cut to come from reduced staffing.
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