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The tech boom is over

Today, Explained

Facebook Layoffs - I'm Not Sure About the Future of the Company

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Facebook's parent company Meta Networks warned of slowing revenue growth in the face of competition from rivals such as TikTok and YouTube. Facebook has seen the number of people using it every day fall for the first time in its 18-year history. Mark Zuckerberg: "I take full responsibility for this decision. This was ultimately my call"

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