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Facebook owner Meta cuts 11,000 jobs — 13% of workforce

Name: Facebook owner Meta cuts 11,000 jobs — 13% of workforce
Uploaded: 2022-11-09T19:17:00-0800
Duration: 3 min 19 s
Description: Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. John Ramos reports.

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. John Ramos reports.