Facebook Parent Meta to Cut 11,000 Staff

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Facebook Parent Meta to Cut 11,000 Staff
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Breaking: Facebook parent Meta said it would cut more than 11,000 workers, or 13% of its staff, in its first-ever broad restructuring

Meta Platforms Inc.

said it would cut more than 11,000 workers, or 13% of staff, embarking on the company’sIn a message to staff on Wednesday morning, Chief Executive Mark Zuckerberg said the company, the parent of Facebook and Instagram, would cut staff across all of its businesses, with its recruiting and business teams disproportionately affected.

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