Facebook owner Meta to lay off 11,000 people, or 13% of its workforce

Facebook owner Meta to lay off 11,000 people, or 13% of its workforce

Mashable

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The reports were true.

Facebook's umbrella company Meta is laying off 11,000 workers, or about 13 percent of its workforce. The company also plans to cut discretionary spending, and it will extend its hiring freeze throughout the next quarter.

Company CEO Mark Zuckerberg shared the news in a blog post Wednesday, saying the...

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