Facebook owner Meta will lay off more than 11,000 of its staff in 'the most difficult changes we've made in Meta's history', boss Mark Zuckerberg said on Wednesday.
'I want to take accountability for these decisions and for how we got here,' boss Mark Zuckerberg said in a note to staffPARIS - Facebook owner Meta will lay off more than 11,000 of its staff in"the most difficult changes we've made in Meta's history", boss Mark Zuckerberg said on Wednesday.
"I want to take accountability for these decisions and for how we got here," Zuckerberg said in a note to staff.Ad-supported platforms such as Facebook and Google are suffering with advertisers looking to cut costs as they struggle with inflation and rising interest rates. He has hinted several times this year that belt-tightening measures were just around the corner and said in his letter on Wednesday that staff layoffs were a"last resort".
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