Meta to begin mass layoffs by tomorrow: Mark Zuckerberg
Layoffs have been a common affair over the past few weeks. As a cost reduction measure, a host of companies from the crypto space have been reducing their headcount as well. At the beginning of the month, for instance, three companies announced 10%-30% layoffs within a span of merely 12 hours. It was recently reported that Meta also caught the “layoff bug,” for it was preparing for “large-scale layoffs.” Several had been speculating that the firm’s Reality Labs division will likely lose a substantial number of members. The said metaverse division of the Meta endured a loss of about $3.7 billion during the third quarter of 2022. Now, in what is the latest development, Mark Zuckerberg confirmed that the company will begin the layoff s tomorrow . In fact, the CEO also said that he was accountable for the same. JUST IN: Mark Zuckerberg confirms $META (Facebook) will begin mass layoff s tomorrow . — Watcher.Guru (@WatcherGuru) November 8, 2...