Meta Lays Off More Than 11 000 Employees In A Massive Job Cut
Meta CEO Mark Zuckerberg shared the news of this mass layoff and extended hiring freeze in a blog post earlier today. He said that the company reached this unfortunate situation of having to let go of thousands of employees due to his mistake. Mark was referring to mass hiring during the pandemic times when everything moved online. Meta significantly increased its workforce over the past two years expecting a permanent surge in online commerce....