Breaking – Facebook, Instagram, WhatsApp owner Meta to cut 13% of its workforce
Meta – the company that owns Facebook, Instagram and WhatsApp, will cut 13% of its workforce – the company has announced.
That’s around 11,000 jobs about to be axed from its worldwide headcount of 87,000 people.
In a statement, Meta chief executive Mark Zuckerberg said the cuts were “some of the most difficult changes we’ve made in Meta’s history”.
The shocking announcement comes just days after Twitter, under new boss Elon Musk, announced mass lay-offs – around half its staff and other tech firms.
