Meta to Lay Off More Than 11,000 Employees in One of Biggest US Layoffs in 2022

Meta on Wednesday stated that it will let go of 13 percent of its workforce, or more than 11,000 employees.

Meta to Lay Off More Than 11,000 Employees in One of Biggest US Layoffs in 2022

Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market.

This is a breaking news story. Details will be added soon. Please refresh the page for latest version.

Refresh

Follow Gadgets 360 on Twitter for breaking news and more.

Source Link

LEAVE A REPLY

Please enter your comment!
Please enter your name here