Meta
Out of context: Reply #108
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- PioneerDJ3034
Meta Lays Off More Than 11,000 Employees
"Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go," said Mark Zuckerberg in a letter to employees today. "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."
The layoffs come at a tough time for the company, with rising costs and diving profits. Zuckerberg's investments in the metaverse alone have cost the company $9.4 billion in 2022 according to CNBC, and the company anticipates that losses “will grow significantly year-over-year.”
“This is a sad moment, and there’s no way around that. To those who are leaving, I want to thank you again for everything you’ve put into this place."- It was worse that he made them all wear the headsets to get sacked in the metaversePhanLo
- haha_niko
- https://i.imgur.com/…utopian
- Just in time for the holidaysMondoMorphic
- what do they all do?shapesalad
- is this 1998?ApeRobot
- Do any of you guys listen to the "All In Podcast"?HijoDMaite