UP

Axar.Az Logo

AZ RU EN آذ فا
Leyla and Arzu Aliyeva attend “Joy of Victory” event - Photo
Qarabag makes history against Chelsea
Turkiye proudly marks Karabakh Victory

Facebook owner Meta to lay off thousands of employees

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto
Facebook owner Meta to lay off thousands of employees

Meta, the parent company of Facebook and Instagram, is to lay off thousands of employees, equivalent to 13 percent of its workforce.

Axar.az reports that Mark Zuckerberg, the company’s CEO, said letting go more than 11,000 employees was one of the “most difficult changes in Meta’s history.”

The layoffs follow similar moves from other US tech giants, including Microsoft, Salesforce and Twitter.

Workers in the US will receive 16 weeks of base pay plus two extra weeks for every year of service. Those outside the US will receive “similar” compensation.
Date
2022.11.15 / 18:17
Author
Axar.az
Share
See also

Durov launches Google Cloud alternative “Cocoon”

OpenAI bans ChatGPT legal and medical advice

Amazon cuts 14,000 corporate jobs amid AI expansion

Apple approaches $4T valuation as confidence reignites

WhatsApp to limit messages sent to unknown contacts

Afghanistan restricts access to social media

Apple removes ICEBlock app after Trump administration pressure

OpenAI hits $500B valuation

Harsh conditions at the iPhone 17 factory in China

NASA targeting early February for Artemis II mission

Latest
TERMS OF USEAll rights reserved. When using a material link is required. When using the material on the internet pages of the corresponding transition is required.

COMMUNICATION WITH US Baku city, Binagadi district, street S.S.Akhundov
(+994 12) 464-61-74, 464-61-75, 464-61-76
[email protected]
For reklam: [email protected]

www.axar.az - 2025
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla