Meta fires 11,000 people

Zuckerberg told staff "I got this wrong"

Tom Allen
clock • 2 min read
Meta fires 11,000 people

Facebook parent Meta has committed to firing more than 11,000 employees as it faces an economic downturn, dwindling investment and scepticism about its metaverse efforts.

The cuts, which represent about 13% of Meta's worldwide workforce, are the first mass layoffs in the company's history. They were widely rumoured earlier this week, but the scale has still shocked ...

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