Meta slashes workforce by 11,000 as it sinks more money into the metaverse
The broad job cuts, the first in Meta's 18-year history, follow thousands of layoffs at other major tech companies including Microsoft Corp and Elon Musk-owned Twitter.
Facebook CEO Mark Zuckerberg appears at a live-streamed virtual and augmented reality conference last month to announce the rebranding of Facebook as Meta.(photo credit: FACEBOOK/REUTERS)ByREUTERSUpdated:
