Facebook parent Meta cuts 11,000 jobs, 13% of workforce
Associated Press
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FILE - Facebook CEO Mark Zuckerberg speaks at Georgetown University in Washington, Thursday, Oct. 17, 2019. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, Zuckerberg said in a letter to employees Wednesday. (AP Photo/Nick Wass, File)FILE - A car passes Facebook's new Meta logo on a sign at the company headquarters on Oct. 28, 2021, in Menlo Park, Calif. Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes. (AP Photo/Tony Avelar, File)A person walks through a parking lot at Meta headquarters in Menlo Park, Calif., Wednesday, Nov. 9, 2022. Meta, which is Facebook's parent company, is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. (AP Photo/Godofredo A. Vsquez)Cars can be seen parked in a parking lot at Meta headquarters in Menlo Park, Calif., Wednesday, Nov. 9, 2022. Meta, which is the parent company to Facebook, is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. (AP Photo/Godofredo A. Vsquez)
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FILE - Facebook CEO Mark Zuckerberg speaks at Georgetown University in Washington, Thursday, Oct. 17, 2019. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, Zuckerberg said in a letter to employees Wednesday. (AP Photo/Nick Wass, File)