Facebook-owner Meta to cut 13% of its workforce

Facebook-owner Meta to cut 13% of its workforce

Facebook, Instagram, and WhatsApp owner Meta has announced that it will reduce its employees by 13%.

From the 87,000 employees who currently work there around the world, 11,000 will be laid off.

ALSO CHECK:KMA to Kejetia traders: Don’t pay money to unauthorized individuals for shops

The cuts, according to Meta’s CEO Mark Zuckerberg, were “some of the most challenging decisions we’ve ever made,” he said in a statement.

The revelation comes after significant layoffs at tech companies like Twitter, which reduced its workforce by roughly half.