Meta Cuts Workers To Reduce Overhead

Meta ($META@US) is reducing staff in an effort to reduce overhead by 10%. A select number of employees in specific departments are being notified that their jobs are being terminated and will have a 30-Day window to apply for a new role in the company. Meta Spokesman Tracy Clayton said that the policy allows the company to retain some of its talent, but he declined to say how many people would be affected by the move.