Facebook parent Meta to cut 11,000 staff
3 min read . Updated: 09 Nov 2022, 09:00 PM IST
PremiumLayoffs are the first broad head-count reductions to occur in the company’s history
Meta Platforms Inc. said it would cut more than 11,000 workers, or 13% of staff, embarking on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price.
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