Meta's New Reality: Record High Profits. Record Low Morale

As Meta employees brace for layoffs next Wednesday, May 20, many say the vibes are horrifically, historically low. “Everyone is unhappy; the only people who are not unhappy are, literally, executives,” says an employee who works on Instagram. The social media giant plans to cut about 10 percent of its workforce, or nearly 8,000 people, “to run the company more efficiently” and “offset the other in...