Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Meta Cuts Workforce Amid Its Metaverse’s Losing Streak


ZyCrypto
2022-11-15 14:24:30

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. “Today I’m sharing some of the most difficult