**Meta Layoffs: Inside the Company’s Painful Decision to Cut 13% of Staff**.
**November 10, 2022**.
**Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced a sweeping round of layoffs affecting 11,000 employees, or 13% of its workforce.** The cuts, which were first reported by The Wall Street Journal, are the largest in the company’s history and mark a significant shift in strategy for the tech giant..
**The layoffs come as Meta faces a number of challenges, including slowing revenue growth, increased competition from rivals, and a broader economic downturn.** The company has also been criticized for its handling of misinformation and hate speech on its platforms..
**In a message to employees, CEO Mark Zuckerberg said that the layoffs were .
