Meta lays off more than 11,000 employees
They are the first mass layoffs in the company's history.
Meta is reducing the size of its workforce by
of its employees in a massive layoff for
the first time in the company's history.
Mark Zuckerberg announced the move in a message to
employees, which Meta shared in its newsroom.
Job cuts will affect all organizations within the company,
although some will be affected more than others. In addition to significantly
reducing its team size, the company is also cutting discretionary spending and extending its hiring
freeze until the first quarter of 2023. And since it plans to hire fewer people next year, the recruiting team will look
"disproportionately impressed." , "For layoffs.