In a letter to his workforce on Wednesday, CEO Mark Zuckerberg announced that Meta would be letting go 13% of its employees, or more than 11,000 workers.
In other news, SBF’s crypto glass house comes crashing. SBF's fortunes got wiped out overnight. His estimated wealth went down by 94% and he's off the list of Bloomberg billionaires now.
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Meta Gives Mega Shocker, Lays Off 11,000 Employees