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Facebook parent begins mass layoffs as tech industry slashes jobs

Meta faces severe threats to its business model, including competition for users and advertising dollars from TikTok

https://www.washingtonpost.com..../technology/2022/11/

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Facebook parent Meta lays off workers as it faces competition from TikTok - The Washington Post

Mark Zuckerberg, CEO of Facebook parent Meta, announced more than 11,000 layoffs as the company seeks to cut back on expenses and transform its business model.
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