Layoffs meta news: Meta CEO Mark Zuckerberg shared a message about the layoff decision with Meta employees. The message said that he decided to reduce the size of the team by approximately 13%, which translates to more than 11,000 employees worldwide. He called the layoffs “the most difficult changes in the history of Meta.” Additionally, the tech company will extend its hiring freeze through the first quarter.

vision of the metaverse

Zuckerberg emphasized the company’s need to become capital efficient. He added that the company has shifted more resources to high-priority growth areas, one of which is the Metaverse. Other areas of focus for the tech giant include the AI ​​discovery engine, ads and trading platforms, he added. The 11,000 layoffs span all organizations in both…