Facebook parent Meta fires more than 11,000 employees in a major round of layoffs

The layoff is being considered the most drastic one since Facebook began in 2004 and reflects a sharp slowdown in the digital advertising market.

Presently, it is unclear how these layoffs affect Meta’s India business, and how many employees in the country are impacted. The social media platform is also extending its hiring freeze till the end of Q1.

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