Facebook parent Meta cuts 11,000 jobs, 13% of workforce

Facebook parent Meta cuts 11,000 jobs, 13% of workforce

2 years ago
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https://www.siliconvalley.com/2022/11/09/facebook-parent-meta-cuts-11000-jobs-13-of-workforce-2/

By BARBARA ORTUTAY | 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.