2 min. read Facebook parent company Meta will slash 13 percent of its staff, or more than 11,000 employees, as it faces a revenue crunch as advertisers pull back amid high inflation and a wobbly economy. Meta CEO Mark Zuckerberg announced the cuts in a Nov. 9 blog post, in which he took blame for overestimating the company’s […]
Source: Facebook to Cut Over 11,000 Jobs as Zuckerberg Admits He Got Trends ‘Wrong’