09-11-2022 21:48 via thedrum.com

Experts react to Meta layoffs: these are 'self-inflicted wounds'

Meta announced this morning that it will lay off around 13% of its workforce. We asked experts from a variety of industries what that might mean for the company. 
Earlier today, Meta announced that it will be letting go of more than 11,000 employees — the first company’s first major layoff since it was founded (as Facebook) in 2004.
The tech giant is already struggling to sell its vision for the metaverse — and convince some shareholders that it’s sizable s
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