Meta preparing large-scale layoffs as tech recession looms

By Christopher Hutton

Published November 7, 2022 3:15pm ET

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Meta preparing large-scale layoffs as tech recession looms — Meta is expected to begin large-scale layoffs this week after suffering a collapse in its stock price. The social platform is planning to lay off thousands of workers as early as this Wednesday, according to the Wall Street Journal. While Meta has not confirmed how many employees will be laid off, it is expected to […]

Meta is expected to begin large-scale layoffs this week after suffering a collapse in its stock price.

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