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    Wednesday, 9 November 2022

    Mark Zuckerberg Thought Tech's Pandemic Boom Would Last Forever. Now Meta Is Laying off 11,000 Workers.

    Meta CEO Mark Zuckerberg announced that the company would be laying off 11,000 employees, 13% of its workforce. The cuts are part of an effort to become leaner after the company reported declined in revenue for two straight quarters, encountered stagnating user growth and a sluggish pivot to “the metaverse,” and saw…

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