UP

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
See also

Azerbaijan considers banning Roblox and PUBG

Indonesia restores access to Musk's Grok, lifting ban

Elon Musk says WhatsApp is not secure, Meta hits back

Apple introduces new AirTag - Photo

Meta accused of WhatsApp privacy fraud

Free ChatGPT to introduce ads

Mass outage hits social network X (Twitter)

China deploys intelligent robot traffic police

WhatsApp to drop support for older phones in 2026

Japan to spend $19B on AI model

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla