Meta to cut 11,000 jobs as it looks to slash costs, affirms revenue outlook

Nov. 09, 2022 6:21 AM ETMeta Platforms, Inc. (META)By: Kim Khan, SA News Editor91 Comments

Meta logo is shown on a device screen

Fritz Jorgensen/iStock Editorial via Getty Images

Meta Platforms (NASDAQ:META) plans to cut 11K jobs, about 13% of its workforce, the company said in a message to employees Wednesday.

The message from CEO Mark Zuckerberg, reproduced in an SEC filing

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