Facebook, Instagram parent company Meta cuts 11,000, 13% of workforce
The following is an excerpt from Associated Press. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. The job cuts come just a week after widespread layoffs at Twitter under its new owner, billionaire Elon […]
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