Meta, The Parent Company That Owns Facebook, Whatsapp And Instagram, Is Expected To Start Mass Layoffs As Early As This Week, According To A New Report From The Wall.
Meta on wednesday said it planned to lay off more than 11,000 employees, or 13% of its workforce. Meta, the parent company of facebook, is laying off 13% of its employees — over 11,000 people, ceo mark zuckerberg announced in a letter to meta employees wednesday. Thousands have been laid off from twitter and meta (file) washington:
I’ve Decided To Reduce The Size Of Our Team By About 13% And.
Revenue growth experienced during the pandemic has not endured as he had expected. This comes on the heels of facebook laying off 11,000 employees last week and elon musk's. Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in.
Facebook Owner Meta Will Lay Off More Than 11,000 Of Its Staff In The Most Difficult Changes We've Made In Meta's History, Boss Mark Zuckerberg Said On Wednesday.
Nov 9, 2022, 3:11 am. Meta has laid off around 13 per cent of its workforce, ceo mark zuckerberg said in a letter to employees wednesday. Facebook parent company laying off 13% of employees.
Facebook Parent Meta Laid Off More Than 11,000 Employees On Wednesday In A Companywide Culling That Was Widely Expected As Mark Zuckerberg’s Firm Struggles Through A.
Noah berger via getty images. Meta said it was laying off more than 11,000 people, or about 13 percent of its work force, in what amounted to the company’s most significant job cuts. Facebook parent company meta on wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history.
Meta Is Ready To Fire Thousands Of Employees As A Result Of The Economic Crisis.
As a result, 11,000 people, or 13% of meta’s workforce, will be made redundant. Meta, the owner of facebook and instagram, has become the latest big tech player to wield the axe in the tougher global economy, laying off 13% of its workforce. A number of major tech companies have laid off workers this year, including netflix, snap, twilio, taboola and twitter, but meta is by far the largest to do so.