Meta fires 11,000 employees, blames the weak ad market and economy

09 November 2022
Mark Zuckerberg is “especially sorry” to the 13% of the workforce that is getting cut.

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  • ?
  • Anonymous
  • 2Wx
  • 10 Nov 2022

AnonD-834088, 09 Nov 2022Facebook,do ppl still use this,thought it died yrs ago,the ... moreAs much as I despise Suckerberg....

Facebook and Instagram (both owned by Meta) is still a very big part of people's lives in many parts of the world, like Asia.

    • ?
    • Anonymous
    • TRF
    • 10 Nov 2022

    How come he did not FIRE himself, hahahaha

      • U
      • Unknown soldier
      • Lcg
      • 10 Nov 2022

      No.its not the money he is spending on the matrix....sorry metaverse.....AHAHAHAH....CREEPYMTFR

        • ?
        • Anonymous
        • xPP
        • 10 Nov 2022

        Anonymous, 09 Nov 2022The problem was that they helped spread misinformation duri... moreI'm sure you're referring to Philippine elections. Where KAKAMPWETS called BBM supporters as trolls for spreading informations or fake news peddlers and the PINKS thought that they are always right.

          • ?
          • Anonymous
          • rN7
          • 10 Nov 2022

          Anonymous, 10 Nov 2022Aww immagine as an employee receiving a Meta session with M... more🤮🤮

            • ?
            • Anonymous
            • m0x
            • 10 Nov 2022

            Aww immagine as an employee receiving a Meta session with Mark Z. avatar telling you you're fired and a childish "i'm so sowwwy".....

              • ?
              • Anonymous
              • rN7
              • 09 Nov 2022

              sixtymes, 09 Nov 2022The US democrat caused inflation is just now starting to af... moreFirst of this has nothing to do with democrats. Its strictly a republican thing either. Regardless of what they claim to believe in both sides are after control and money. If anything its the negative things of both sides.
              But its corporate greed. And inflation has not hurt these companies in the least.

              You really have a long long long long line of history to learn or relearn. And stop seeing in such an illogical and bias view.

                The US democrat caused inflation is just now starting to affect many large businesses, and the economic collapse is just getting started. In two years from now it will be BAD, and no one will be able to fix it.

                  • f
                  • ff
                  • DGV
                  • 09 Nov 2022

                  Semper, 09 Nov 2022META (values in millions) NET INCOME: LTM: 28,832 2021... moreEmployees 87300 and
                  Cash/share $16
                  Book/share $46.3

                    • Z
                    • Zorro
                    • feq
                    • 09 Nov 2022

                    Its only for your 50Plus crowd now

                      AnonD-834088, 09 Nov 2022Facebook,do ppl still use this,thought it died yrs ago,the ... moreYes, people still use Facebook (Instagram and WhatsApp)

                        • ?
                        • Anonymous
                        • 6wN
                        • 09 Nov 2022

                        Facebook was a little important. Now it is completely useless.

                          • ?
                          • Anonymous
                          • x0k
                          • 09 Nov 2022

                          I used to check facebook every day back in 2008-2009. Now it is useless trash

                            • S
                            • Sam
                            • xYL
                            • 09 Nov 2022

                            Dont Work for a company which does not offer job security. Its your life the companies are just here to use you.

                              • D
                              • AnonD-834088
                              • iLW
                              • 09 Nov 2022

                              Facebook,do ppl still use this,thought it died yrs ago,the days emails,calls,txs, were classed as social media,oh well 😱

                                • F
                                • FireView
                                • 3@g
                                • 09 Nov 2022

                                jason, 09 Nov 2022you get what you vote for. Who voted? Those people are from all around the world.

                                  looks like it's firing season since it the cold era of greed and low revenue

                                    • ?
                                    • Anonymous
                                    • 58Z
                                    • 09 Nov 2022

                                    Anonymous, 09 Nov 2022Well, bizarre when banks increase their profits every year ... moreIt's not necessarily a linear thing, profitability is not tied only to headcount, you could operations and acquisitions and expenses and such to factor in - not to forget that layoffs will/can serve as an excuse to sweep some stuff under the rug along the way.

                                      • j
                                      • jason
                                      • F10
                                      • 09 Nov 2022

                                      you get what you vote for.

                                        • ?
                                        • Anonymous
                                        • Lkg
                                        • 09 Nov 2022

                                        Anonymous, 09 Nov 2022Well layoffs, especially towards the end of the year, is on... moreWell, bizarre when banks increase their profits every year by 10-15% , still "feel need" to fire part of the staff to "reduce costs", the costs that do not count for 5% of the profits.