Published
14 minutes ago
Meta, which owns Facebook, Instagram and WhatsApp, has announced that it volition chopped 13% of its workforce.
In full 11,000 employees are to beryllium laid disconnected from its worldwide headcount of 87,000 people.
In a statement, Meta main enforcement Mark Zuckerberg said the cuts were "some of the astir hard changes we've made successful Meta's history".
The quality follows large lay-offs astatine Twitter, which chopped astir fractional its staff, and different tech firms.
More to follow