Meta is shedding 13% of its employees, or greater than 11,000 staff, CEO Mark Zuckerberg stated in a letter to staff on Wednesday.
“Immediately I am sharing a number of the most troublesome adjustments we have made in Meta’s historical past. I’ve determined to cut back the dimensions of our workforce by about 13% and let greater than 11,000 of our gifted staff go. We’re additionally taking quite a few further steps to develop into a leaner and extra environment friendly firm by slicing discretionary spending and lengthening our hiring freeze via…
