Wednesday, 15 March, 2023 UTC


Summary

After announcing a layoff of 11,000 employees late last year, world-renowned tech company Meta announced another major round of layoffs this week. CEO Mark Zuckerberg blames the decision on macroeconomic downturns and increased competition in the markets, claiming that revenues have been “much lower than expected”. An additional 10,000 workers across multiple divisions will be […]