Meta laying off more than 11,000 employees: Read Zuckerberg's Meta Confirms Layoffs—11,000 Jobs Cut At Facebook’s Parent ien

Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg told employees Wednesday. Meta provided lukewarm guidance in late October for its upcoming fourth-quarter Nov. 9, 2022, 8:37 PM UTC By David Ingram and Rima Abdelkader SAN FRANCISCO — On Wednesday, Facebook parent company Meta laid off 11,000 people. It didn't take long for many of them to discuss Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history. The job cuts come as Meta confronts a range <br/><br/>Meta, the parent company of Facebook, WhatsApp and Instagram, confirmed plans to lay off thousands of workers on Wednesday, the latest tech giant to trim headcount amid gloomy economic Meta’s layoffs followed similar cuts at Twitter, Lyft and various other tech firms. Meta’s stock has plunged more than 70% this year as its troubled, expensive shift toward metaverse Facebook, Instagram, and WhatsApp’s parent company Meta has confirmed a huge round of layoffs, amounting to 13% of its workforce. “I want to take accountability for these decisions and for how <br/><br/>The CEO of Meta Platforms , Mark Zuckerberg, made the decision to lay off 11,000 of the company's 87,000 employees, but is offering over three months of severance pay and six months of health <br/><br/>New additions in the past week — which saw about two dozen U.S. tech employers announce mass job cuts — include Stripe, Lyft and Chime, and, of course, Twitter. Most recently updated: Nov. 4, 2022. The public markets have been hit hard in 2022, and that’s trickled down to the private markets. Inflation concerns, rising interest rates and Fast-forward to the present, DataRobot laid off another 7% of its workforce this week. With about 1,000 employees, these layoffs are estimated to affect around 70 people. In an email to staff Yesterday the Prime Minister announced that all restaurants and food vendors will be ordered to cease the sale of food until the COVID-19 virus is under control in T&T. Rowley’s announcement seemed to have inspired a civil war as many have been led to believe that this decision was the result of pressure from disgruntled doubles vendors. 
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