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Meta Lays Off More Than 11,000 Employees



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“This will add up to a meaningful cultural shift in how we operate,” he said. The company will focus on a smaller number of “high priority” areas, he said, including artificial intelligence, advertising and the metaverse. On Tuesday, Mr. Zuckerberg met with executives to discuss the layoffs, two people who took part in the meeting said. One person who was present said the chief executive took responsibility for the cuts, saying his company had scaled up too quickly. Meta had also canceled travel plans for employees to ensure they were available to meet with managers, should their team be affected by layoffs, three other people said. The Wall Street Journal earlier reported Mr. Zuckerberg’s meeting with …

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