Mark Zuckerberg, the CEO of Meta, just announced that they have let go more than 11,000 employees across many divisions. This reduction is equal to about 13% of Meta's total workforce.
The message shared with Meta employees was also shared publicly by Zuckerberg. In the remarks issued, he says that some discretionary spending will be cut and there will be a hiring freeze at Meta through Q1 2023. This is being done, according...