Meta Gained Nearly 6% in Morning Trading After Laying off Over 11,000 Employees
Tiger Newspress2022-11-09
Meta Platforms, Inc. gained nearly 6% in morning trading after laying off over 11,000 employees.
Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s history.
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