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Evening Standard
Evening Standard
Technology
Andrew Williams and Alan Martin

What do Twitter and Meta firings mean for social media?

Twitter Inc. Meta Elon Musk Facebook Instagram SNAP WhatsApp

Could the firings mean the end of your favourite apps?

(Picture: Nick Ansell/PA)

It’s a turbulent time for social media. Twitter has fired a reported 3,700 staff, Snap has cut its workforce by a fifth, and Facebook owner Meta has confirmed 11,000 layoffs - 13 per cent of its global workforce.

This affects almost all of the biggest social media platforms. Meta owns Instagram, Facebook, and WhatsApp, while some interpret the moves Elon Musk is making with Twitter as the equivalent of flying a plane directly towards the ground. Musk himself has suggested Twitter could go bankrupt.

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