#Facebook Owner Meta to Lay Off 11,000 Employees as Tech Sector Continues to Feel the Pain
Facebook Owner Meta to Lay Off 11,000 Employees as Tech Sector Continues to Feel the Pain Major layoffs are hitting Facebook and Instagram owner Meta Platforms Inc. as the company says it wil lay off about 11,000 employees, or about 13% of its global workforce. CEO Mark Zuckerberg announced the decision in an email to…