SVP Collapse Probed by Feds and Meta's Job Cuts
Bloomberg Daybreak: Asia Edition
00:00
When It Rains, It Pours
Facebook's parent company is planning to lay off around 10,000 employees. CEO Mark Zuckerberg says that meta is canceling lower priority projects and slowing its hiring. This is the second major round of job cuts at meta in the past six months.
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