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 has said.
"I want to take accountability for these decisions and for how we got here," Zuckerberg said in a note to staff.Ad-supported platforms such as Facebook and Google are suffering with advertisers looking to cut costs as they struggle with inflation and rising interest rates. He has hinted several times this year that belt-tightening measures were just around the corner and said in his letter on Wednesday that staff layoffs were a "last resort".
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Facebook owner Meta cuts 11,000 jobs—13% of workforce'I got this wrong,' admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes. Good! Fb is censoring boredom, like cbs does The Facebook bubble has finally burst. No suprise to anyone under 40. It was inevitable America,it’s going to get much worse. this nation is travelling down the highway to destruction. Is there any moral direction in America.
Source: CBSNews - 🏆 87. / 68 Read more »
Facebook owner Meta cuts 11,000 jobs—13% of workforce'I got this wrong,' admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes. People won’t care if a liberal lays off thousands just if Elon does Zuckerberg: 'I got this wrong, and I take responsibility for that.' ...so I'll take responsibility by firing you! make sure met also fire thT karen guard at the meta building! she just went off like crazy we just went there to have a picture at the meta singage and parking lot but she went off acting crazy karen that we are not suppose to be there if it isn't allow put a sign at the entrance
Source: KPIXtv - 🏆 443. / 53 Read more »
Facebook parent company Meta laying off 11,000 people, about 13% of workforceFacebook 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.
Source: WashTimes - 🏆 235. / 63 Read more »