
Zuckerberg fires 11,000 Meta employees
(Picture: AFP via Getty Images)Mark Zuckerberg has announced that he will be firing 11,000 Meta employees as part of a widespread restructuring to cut costs at the company.
Shares in Meta have fallen 72% since the start of the year as the firm reported a downturn in advertising revenue and investor optimism over Zuckerberg’s ‘metaverse’ ambitions.