Meta Lays Off Extra Than 11,000 Staff, 13% of Firm – CNET




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“I take accountability for these decisions,” CEO Mark Zuckerberg told workers in a letter.

Meta logo on a phone screen

Meta’s massive job cuts are the first large-scale workforce reduction in the company’s 18-year history.

Sarah Tew/CNET

Meta will lay off more than 11,000 employees, about 13 percent of its workforce, CEO Mark Zuckerberg said Wednesday. It follows weekend reports that the Facebook parent company was preparing for mass layoffs.

The social networking giant currently employs about 87,000 people.

This article will be updated shortly.



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