Facebook Parent Meta to Cut 11,000 Staff

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Breaking: Facebook parent Meta said it would cut more than 11,000 workers, or 13% of its staff, in its first-ever broad restructuring

Meta Platforms Inc.

said it would cut more than 11,000 workers, or 13% of staff, embarking on the company’sIn a message to staff on Wednesday morning, Chief Executive Mark Zuckerberg said the company, the parent of Facebook and Instagram, would cut staff across all of its businesses, with its recruiting and business teams disproportionately affected.

 

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If Meta wasn’t so woke maybe they wouldn’t be going broke. Haha

The lambe licks of technologies a la Twitter and Facebook will learn that they are nothing more than exploited and poorly paid slaves. They think they own the company, but in fact they are used, abused and then discarded as bagasse in the garbage of the digital industry.

I wouldn't normally like the Bezos newsletter, but I do like the idea of Meta layoffs and financial disaster.

'in its first-ever broad restructuring' What a charming little run of phrase for colossal mismanagement.

Still, Meta's Quest Pro 3 and Workroom, which were released this time, seem to be quite complete. Metaverse will surely arrive.

Too bad...

Tbh if it was pure greed of millionaires Dipping their fingers in every pie then maybe they could have good focus on one business and keep it afloat. Social media went to pot when they purchased WhatsApp & insta, cutting staff won't decrease the problems

😹😹😹😹😹😹

That's a lot of people to say bye to...

In the virtual world they were working on, were they going to have fembots that look like models like you see on TV shows?

The Fact Checker department I be heart broken.

I'll be shocked to see any other Republican governor win in Michigan. Proposal 2 passed with its unlimited, no questions asked, constitutionally protected voting apparatus in place. Illegal immigrants? No problem, vote aqui!

And again the stock is up Makes no sense, it just shows that Zuckerberg had 1 good idea (some say he also only stole this FB-idea) and thats it. He should resign and project META should be stopped immediatly, its only a waste of money.

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