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

, which make it more difficult for social media platforms like Facebook, Instagram and Snap to track people without their consent and target ads to them.

Zuckerberg said Meta is cutting costs across its business, but he added that this alone won't big costs in line with its revenue growth. Former employees will receive 16 weeks of base pay, plus two additional weeks for every year with the company, Zuckerberg said. Health insurance for those employees and their families will continue for six months.

Gerstner urged Zuckerberg to streamline costs and focus the company in an open letter posted on Medium. His suggestions include cutting 20% of the company’s workforce — which still would only set Meta back to 2021 levels of staffing, backing Gerstner’s point that the company has become bigger than it needs to be.

Uhm, lefties....where is your outrage? Is it only there when elonmusk slashes jobs?

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