Facebook’s Mark Zuckerberg Firing 11,000 After Company Spends $15B On Metaverse

Rumors have swirled this week, and now it’s confirmed: Meta, the owner of Facebook, WhatsApp, Instagram and Oculus VR, is sacking 13 percent of its workforce, a total of around 11,000 employees out of work. This comes in the wake of the company having spent an extraordinary $15 billion on its so-called “metaverse”…Read more...

Rumors have swirled this week, and now it’s confirmed: Meta, the owner of Facebook, WhatsApp, Instagram and Oculus VR, is sacking 13 percent of its workforce, a total of around 11,000 employees out of work. This comes in the wake of the company having spent an extraordinary $15 billion on its so-called “metaverse”…Read more...

Rumors have swirled this week, and now it’s confirmed: Meta, the owner of Facebook, WhatsApp, Instagram and Oculus VR, is sacking 13 percent of its workforce, a total of around 11,000 employees out of work. This comes in the wake of the company having spent an extraordinary $15 billion on its so-called “metaverse”…

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