Meta, which owns Facebook, Instagram and WhatsApp

Goggle images:-Google

[{"selector":"#anim-39d52862-c15a-4136-b136-6b8c45d99046","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke Goggle images:-Google Meta will also cut costs elsewhere

[{"selector":"#anim-ee20afcb-d182-4845-b7b4-56a16b7aea3c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af282cdd-c8c1-4eb2-b39f-22f0d1679125","keyframes":{"transform":["translate3d(0px, -99.59318%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Brush Stroke US employees will receive 16 weeks of pay plus one week of redundancy payments for working each year Black Section Separator Goggle images:-Google

Meta employed more than 5,000 people in the UK by December 2021 Goggle images:-Google

Goggle images:-Google

[{"selector":"#anim-ab97a87f-94e9-4b27-885c-5a9991184999","keyframes":{"transform":["translate3d(-99.72527%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6818993c-dca9-4449-a306-ded41cf61209","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba12488b-ed14-47a6-b374-ea3b881d5a33","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b2fb3488-0987-41fa-bb7a-86760ca619be","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6da8daaf-94e1-4af3-a1cd-90c86f92d37a","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-68ce8c13-56da-4914-a518-6a954179cafa","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Brush Stroke Goggle images:-Google Meta has so far declined to disclose how many redundancies it will make in any country

[{"selector":"#anim-ce2e9912-62cb-4639-ae0c-b53eb90d0c6f","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-31bca4ec-f979-4d1d-815b-08a79a013fa9","keyframes":{"transform":["translate3d(0px, 16.98018%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Brush Stroke There will be a separate redundancy process to take into account local employment laws Black Section Separator Goggle images:-Google

[{"selector":"#anim-40ab8d34-78a7-4983-a68c-168dbdf01825","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5969e928-3141-46a3-b698-c89b5beb6bde","keyframes":{"transform":["translate3d(0px, -20.59193%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Brush Stroke Meta to cut 11,000 Jobs; Mark Zuckerberg says ‘I got this wrong’ Goggle images:-Google

The plans for job cuts follow difficulties across the tech sector Goggle images:-Google

[{"selector":"#anim-d43cb941-3bdc-4943-8680-214e80816d8a","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke A large portion of Meta's $27.7bn (£24.3bn) revenue comes from advertising Goggle images:-Google