Facebook (Meta) has announced large-scale layoffs this week of thousands of 'woke' employees amid a severe drop in revenue. Meta currently has over 87,000 employees.. According to the WSJ, the company plans to lay off many thousands of employees and an announcement is planned as soon as Wednesday.
Thegatewaypundit.com reports: Facebook (META) stock is down more than 73% over the year and has lost $800 billion of its market cap
- Last summer Facebook's market capital was nearly $1 trillion dollars and now it is closer to $245 billion.
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