![](https://data.crazyengineers.com/selfie/mini/kaustubh-katdare-1-sa8.jpg)
Administrator • Updated: November 09, 2022 • 09:06 PM (IST)
![Meta Layoff Update: Zuckerberg Says Sorry to 11000 Meta Employees](/storage/ce/news/eed36409-5cf6-4258-9caf-057df351703a.jpg)
Meta Layoff Update: Zuckerberg Says Sorry to 11000 Meta Employees
Meta layoff has affected 13% (11,000) of its workforce. In a message to the employees, Zuckerberg put the blame on some of his decisions and economic conditions.
Outgoing employees will get 16 weeks of base + two additional weeks for every year of service, full remaining PTO and other benefits.
Zuckerberg said Meta will shrink company's real-estate footprint and encourage desk-sharing. The hiring freeze will continue till early 2023 with a few exceptions. Read the full letter on the source link below.