Meta lays off more than 11,000 employees after ‘worst downturn’ in company’s history

in quarterly profits just last month. “I want to take accountability for these decisions and for how we got here. I know this is tough for everyone, and I’m especially sorry to those impacted,” Zuckerberg wrote in his letter. “I got this wrong, and I take responsibility for that.

”Andrew Paul is Popular Science's staff writer covering tech news. Previously, he was a regular contributor to The A.V. Club and Input, and has had recent work also featured by Rolling Stone, Fangoria, GQ, Slate, NBC, as well as McSweeney's Internet Tendency. He lives outside Indianapolis.

A swing and a miss

That's triple what Musk laid off. Gonna start canceling Facebook?

So where is the lefts outrage?

So they overexpanded, reached market saturation, they have to cut back staff, that's just economic reality. entire careers have been erased in the past few decades, the young techies are learning a hard truth that those displaced factory workers in the 70s and 80s;

This dude picked in 2010.

Twitter Facebook ✅

Meta What ?

Try to sell the Metaverse.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street Journal: Meta is planning significant layoffs | CNN BusinessFacebook-parent Meta is planning the first significant layoffs in its history as the company grapples with a shrinking business and fears of a looming recession, according to the Wall Street Journal. Well that's what they get for censoring conservative voices. In 2021 I was 'fact checked' for posting a joke about the election. Seriously another one Happy for employer
Source: cnni - 🏆 326. / 59 Read more »

U.S. stocks end higher, Meta jumps as investors eye midtermsWall Street ended sharply higher Monday as investors focused on Tuesday's midterm elections that will determine control of Congress, while shares of Meta Platforms jumped on a report of job cuts at the Facebook parent. VoteBlueTomorrow
Source: Reuters - 🏆 2. / 97 Read more »