https://www.mercurynews.com/2022/11/09/facebook-meta-11000-job-cuts-layoff-zuckerberg-tech-economy-bay-area/

MENLO PARK — Facebook app owner Meta Platforms has decided to chop 11,000 jobs, marking a fresh wave of Bay Area tech layoffs and a move that signals “difficult changes” for the stumbling social media behemoth.

The layoffs represent 13% of Facebook’s workforce, Mark Zuckerberg, chief executive officer and co-founder of the tech titan, said in a letter to the company’s employees on Wednesday.