Facebook-parent Meta just let go of 11,000 of its employees. Meta CEO Mark Zuckerberg made the announcement through a message to the Meta employees today.
In one of the worst lay-offs ever in the tech industry, Meta Founder and CEO Mark Zuckerberg on Wednesday sacked more than 11,000 employees about 13 per cent of the global workforce.
Zuckerberg appeared downcast in Tuesday's meeting and said he was accountable for the company's missteps and his overoptimism about growth had led to overstaffing.
Meta CEO Mark Zuckerberg and COO Sheryl Sandberg are set to be deposed in a Cambridge Analytica lawsuit, the media reported. 📲 Meta CEO Mark Zuckerberg and COO Sheryl Sandberg Set To Be Deposed in Cambridge Analytica Lawsuit.