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Meta Lays Off More Than 11,000 Employees

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Mark Zuckerberg, Meta’s chief executive, met with executives on Tuesday about the layoffs.

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Since Mark Zuckerberg founded Facebook in 2004, the Silicon Valley company has steadily hired more employees. At the end of September, it had amassed its largest-ever number of workers, totaling 87,314 people.

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Meta said it was laying off more than 11,000 people, or about 13 percent of its work force, in what amounted to the company’s most significant job cuts.

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The layoffs were made across departments and regions, with areas like recruiting and business teams affected more than others. 

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I want to take accountability for these decisions and for how we got here,” Mr. Zuckerberg, 38, wrote in a letter to employees. “I know this is tough for everyone, and I’m especially sorry to those impacted.”

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The cuts — nearly triple the number that Twitter slashed last week, though not as deep a percentage — represent a stunning reversal of fortune for a once high-flying company whose ambition and room for growth had seemed limitless

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