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As Meta faces backlash from its employees over its handling of mass layoffs, security experts warn that such actions can create new threats to corporate data and systems.
Facebook’s parent company Meta announced last week that it would cut 21,000 jobs, or about 10% of its global workforce, as part of a restructuring plan. The move sparked outrage among some workers, who accused senior executives of being out of touch and insensitive to their plight.
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But Meta is not alone in resorting to layoffs amid economic uncertainty. A recent KPMG report found that 85% of organizations believe that layoffs will be necessary as the economy slows down.
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Transform 2023
Join us in San Francisco on July 11-12, where top executives will share how they have integrated and optimized AI investments for success and avoided common pitfalls.
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