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Layoffs at Meta to begin on Wednesday, CEO Mark Zuckerberg tells staff: Report
short by Ridham Gambhir / on Wednesday, 9 November, 2022
Meta will begin laying off employees on Wednesday morning, said CEO Mark Zuckerberg, reported The Wall Street Journal. Zuckerberg reportedly addressed hundreds of workers on Tuesday and said he was accountable for the firm's missteps and that his overoptimism about growth led to overstaffing. Expected to affect thousands, the layoffs could be the most significant in the company's 18-year history.
read more at Reuters