Mark Zuckerberg

Facebook to Lay Off 11,000 Staff Today as Company Struggles

Facebook to Lay Off 11,000 Staff Today as Company Struggles

Facebook's parent company Meta has announced that it is laying off a whopping 11,000 of its staff members as the Big Tech company struggles financially. On Wednesday morning, Meta, which owns Facebook, Instagram, and Whatsapp, revealed that it is culling 13 percent of its workforce in a major shakeup. The…
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Facebook to Begin Mass Layoffs This Week as Company Collapses

Facebook to Begin Mass Layoffs This Week as Company Collapses

Facebook's parent company Meta is to begin mass layoffs as early as this week as the company collapses amid plunging stock values and dismal earnings. Once the hottest company in Silicon Valley, Meta has seen its share prices plummet over the past year. As Mark Zuckerberg's Big Tech corporation has…
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