Because they over estimated what they were doing. People and the tech aren't ready for FB meta verse. They took a chance and it back fired
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meta Confirms Layoffs—11,000 Jobs Cut At Facebook’s Parent CompanyChief executive Mark Zuckerberg said the company had to cut 13% of its workforce as part of plans “to become a leaner and more efficient company.” Mark has no vision of future like... your like 22 hours too late When a single employer has 11,000 employees to lay off maybe that company was too big to exist in the 1st place 🤔
Source: Forbes - 🏆 394. / 53 Read more »
Meta plans major job cuts at Facebook as tech companies implement layoffsFacebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it... Where’s the outrage!?
Source: HoustonChron - 🏆 609. / 51 Read more »
Facebook parent company Meta to lay off more than 11,000 employeesMark Zuckerberg announced the news to Meta employees on Wednesday morning, saying: “I want to take accountability for these decisions and for how we got here.' Maybe the person that really needs to go is Zuckerberg. his metaverse gamble didn’t payoff, he had bigger dreams than being just a mere social media guy, alas it’s not to be, for now Maybe if the employees write a letter, not listening actual reasons to maintain employment, but rather stating their privilege and how much of a meanie the new owner is. Of course the law suit should tentatively follow.
Source: NBCNews - 🏆 10. / 86 Read more »
Facebook parent company Meta laying off 11,000 people, about 13% of workforceFacebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.
Source: WashTimes - 🏆 235. / 63 Read more »
Facebook parent company Meta laying off 11,000 people, 13% of workforceFacebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes
Source: TucsonStar - 🏆 339. / 59 Read more »