Meta Bloodbath Begins: 11,000 Employees Sacked, Hiring on Hold

After days of speculation, Meta on Wednesday announced that it will reduce 13% of its workforce and will let go of about 11,000 employees. The mass layoff comes in the backdrop of the company’s ‘goal to become agile’. The tech giant plans to continue with the hiring freeze, which has been in effect since Q1.  […]

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