Meta Platforms said it would cut 13% of staff, embarking on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price.
Facebook Parent Meta to Lay Off 11,000 Employees
Name Art / 09/11/2022 / Business News
Category Business News
Tag C&E Industry News Filter Content Types corporate Corporate Organizational Restructuring corporate strategy Corporate Strategy/Planning Corporate/Industrial News employees entertainment Facebook Factiva Filters industrial news labor Labor/Personnel Lay lay-offs Lay-offs/Redundancies Mark Zuckerberg MEDIA Media/Entertainment META Meta Platforms Online Service Providers Parent personnel planning Recruitment redundancies social media platforms Social Media Platforms/Tools SYND Technology tools WSJ-PRO-WSJ.com wsjcorp