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Economy
Meta confirms another 10,000 layoffs - 13% of its remaining staff - as Zuckerberg says tech bubble bursting was a 'humbling wake up call' and warns 'new economic reality will continue for many years'
2023-03-15
[Daily Mail, where America gets its news]
  • Mark Zuckerberg announced the layoff today on his Facebook page

  • Since December, Meta has trimmed 24 percent of its original 86,000 staff

  • Tech stocks have nosedived in the last six months after years of growth
Posted by:Skidmark

#6  How many employees actually worked in the first place?
Posted by: magpie   2023-03-15 22:49  

#5  Censorship in one form or another of the political party or message you don't like on social media, getting in bed with the administrative state which votes 90% of the times with the Democrats, and trying to rig elections has driven many away from this social media. Competitive alternative social media has sprung up. Personally, I don't care if Fakebook, Twitter, etc. tank. Serves them right for their shenanigans.
Posted by: JohnQC   2023-03-15 16:35  

#4  Karma is wonderful entertainment.
Posted by: Procopius2k   2023-03-15 14:17  

#3  In addition to the layoffs, 5,000 planned hires were canceled.
Posted by: M. Murcek   2023-03-15 12:56  

#2  Area Starbucks are going to need to double their scone inventory.
Posted by: Super Hose   2023-03-15 12:54  

#1  Facebook and Instagram used 'aggressive tactics' targeting children: Unredacted lawsuit claims Meta knew about child sexual exploitation and exploited extreme content to drive more engagement
Posted by: Skidmark   2023-03-15 09:40  

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