Meta cull compounds tech sector gloom
The company formerly known as Facebook is getting rid of 11,000 people as its boss admits to getting carried away.
Meta boss Mark Zuckerberg published an email he sent to the whole company, which started as follows: “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go.”
To be fair to Zuck he shouldered the blame for this
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