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

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

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.

Facebook hit by outage after parent company Meta sacks 13% of its workforce

Multiple users in various parts of the world reported a brief outage of social networking platform Facebook, just a day after Meta sacked over 11,000 employees.

Facebook parent Meta cuts 11,000 jobs, 13% of workforce - The Jewish Voice

(AP) 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 Musk. There have been numerous job […]

Facebook, Instagram Parent Company Meta Cuts 11,000 Jobs - The Ohio Star

by Madeleine Hubbard Meta, the parent company of Facebook and Instagram, on Wednesday laid off 11,000 employees, or 13% of its workforce, amid lowered revenue.The company, which had more than 87,000 employees in September, grew dramatically at the start of the COVID-19 pandemic.However, CEO Mark Zuckerburg acknowledged that with the lockdowns over, the company’s revenue is down.“Not only has online commerce returned to prior trends, but the macr…

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

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it...

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

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.