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Meta is laying people off for the first time in its history

Por: CBS News Business October 01, 2022

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Facebook parent Meta is cutting staff for the first time in its history, according to multiple media reports.CEO Mark Zuckerberg told employees Thursday that the 18-year-old company would freeze hiring and reduce budgets for most teams, with Meta expecting to end the year with fewer employees, Bloomberg . As part of the shift, Meta will no longer automatically replace employees who leave, will pause internal transfers and will manage out low... + full article



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