Tag: Instagram
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Tech Winter: Facebook Parent Meta Lays Off 11,000 Employees
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PayRate NewsFacebook’s Meta Group is laying off more than 11,000 employees in the largest job cuts in its history. That is about 13 percent of the workforce, CEO Mark Zuckerberg announced on Wednesday. Zuckerberg noted that he had overestimated the online boom at the beginning of the corona pandemic and had…