Facebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says, ‘I take responsibility’

Photo caption: Facebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says, ‘I take responsibility.’ Photo © Getty Images. Article by Jon Swartz. MSN – November 9, 2022. Originally published November 9, 2022 by MarketWatch.

Massive layoffs at Meta Platforms Inc. began Wednesday, boosting the social-media company’s beaten-down stock. Chief Executive Mark Zuckerberg told employees that he planned to lay off more than 11,000 employees, or about 13% of the company’s workforce, according to a post shared to the company’s public newsroom Wednesday morning. […]

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