Facebook Parent Company Meta Cuts 11,000 Jobs, 13% Of Workforce
Meta, like other social media companies, has seen revenue growth begin to falter from pandemic highs.
LEARN MOREPosted: 9:26 a.m. EST Nov 15, 2022
Amazon could soon become the latest tech company to announce mass layoffs ahead of the holidays.
According to reporting from Reuters and the New York Times, those cuts could come as soon as this week.
The company is planning to lay off up to 10,000 corporate and tech employees.
That's about 3% of the company's corporate workforce.
If these cuts pan out, they'd be the biggest in Amazon's history.
