Tag: Mark Zuckerburg

Facebook Parent Company Meta Set to Lay Off 11,000 Employees

Facebook Parent Company Meta Set to Lay Off 11,000 Employees

On Wednesday, Facebook, Instagram, and Whatsapp Parent Company Meta said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history. The job cuts come as Meta confronts a range of challenges to its core business and makes an uncertain and costly bet on pivoting to the metaverse. It also comes amid a spate of layoffs at other tech firms in recent months as the high-flying sector reacts to high inflation, rising interest rates and fears of a looming recession.

Facebook Launches Horizon Workrooms

Facebook Launches Horizon Workrooms

The meaning of working from home transformed throughout the Covid-19 pandemic. What was once a way to accomplish work tasks in a relaxing way became a vicious cycle of never-ending zoom meetings, ten-hour workdays, and severe loneliness from isolation. Who would’ve thought we’d all reach a point where we missed those previously pointless water cooler conversations?

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