Meta, which owns Facebook, Instagram and WhatsApp, has introduced that it’s going toreduce 13% of its workforce. The first mass layoff in the company’s history will put 11,000 of its 87,000 employees out of work worldwide.Meta boss Mark Zuckerberg said the cut was “the most difficult change in Meta’s history.”The news follows massive layoffs at …
Zuckerberg, Meta Owner to cut 13% of its workforce Read More »
Facebook’s parent company Meta reportedly plans to begin massive layoffs this week that will affect thousands of employees. US media reported over the weekend that the job cuts could be announced as early as Wednesday. During Meta’s disappointing third-quarter results, CEO Mark Zuckerberg said headcount could fall. “In 2023, we will focus our investments on …
Facebook owner Meta expected to announce major job cuts Read More »
A year ago, Mark Zuckerberg changed the name of Facebook to Meta. Although the Facebook social network changed the way people communicated, young people took their digital socialization elsewhere. Facebook was taken over by older and middle-aged groups, who used it to post photos of their children and grandchildren, by community groups – who used …
Zuckerberg’s Metaverse looks like a colossal failure Read More »