In November 2022, Meta Platforms, Inc., formerly named Facebook, Inc., and The Facebook, Inc., CEO Mark Zuckerberg announced that the company has laid-off about 11,000 employees, an estimated 13% of its workforce. Meta reported a second consecutive quarter of declining sales on October, as the company contends with a widespread drop in online ad spending and rising competition from TikTok. Shares of the company's stock have plummeted about 65% in the year 2022. "We've cut costs across our business, including scaling back budgets, reducing perks, and shrinking our real estate footprint," Zuckerberg said. "We're restructuring teams to increase our efficiency. But these measures alone won't bring our expenses in line with our revenue growth, so I've also made the hard decision to let people go," he added. [Source: www.abcnews.go.com] a) Based on the article above, if you were the CEO of Meta, how would you suggest mitigating the issue of declining sales during crisis to ensure the sustainability of (10 Marks) your company? Elaborate with examples. b) Should you still need to lay off employees as a mean to save the company from worsening financial situation, suggest the factors that would affect your decision (10 Marks) making on selecting employees to be laid-off. [Total: 20 Marks]