@SimplyCutex 6 November 2022

Recession is coming and the tech industry gets hurt badly. Twitter lays off thousands and now is it Facebook. Meta, whose metaverse arm Reality Labs has lost billions of dollars this year, joins other tech firms in reducing head counts. https://www.theblock.co/post/183588/meta-prepares-to-layoff-thousands-of-employees-this-week-wsj?utm_source=cryptopanic&utm_medium=rss