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World Business Report: First broadcast 09/11/2022 22:32 GMT : Meta founder Mark Zuckerberg says sorry after big job losses at the tech giant.

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First broadcast 09/11/2022 22:32 GMT 

First broadcast 09/11/2022 22:32 GMT : Meta founder Mark Zuckerberg says sorry after big job losses at the tech giant.

Meta founder Mark Zuckerberg says sorry after big job losses at the tech giant.

BBC World Service - World Business Report, Meta founder Mark Zuckerberg says sorry after big job losses at the tech giant.

What does future look like for global tech giant Meta after big job losses?

The parent of Facebook and WhatsApp, Meta, announces 11,000 staff will lose their jobs in a major payroll cut.

The founder of Facebook Mark Zuckerberg has said sorry after the tech giant laid off more than 11,000 staff  13% of its global workforce. Senior Tech Reporter Kali Hays from Business Insider in Los Angeles gives us her assessment of the move and what  it means for the sector. 
 
Its investment day at the Climate change conference in Sharm El Sheikh in Egypt. There are  worries that Africa will not get the money it needs to move to cleaner energy supplies. We hear from Makhtar Sop Diop the Managing Director of the International Finance Corporation, which is part of the World Bank. 

Voters in California have rejected a proposal from several big betting companies to allow online gambling in the state. The companies had pushed for a referendum on the issue but faced a backlash from over 50 Native American tribes, who rely on traditional casinos for their income. The tribes won the referendum. Chad Baynon is a gaming industry analyst at Macquarie Group in New York and gives us his verdict on the decision.

(Photo: A view of Facebook parent company Meta"s headquarters in Dublin. Credit: Brian Lawless/PA Wire)

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First broadcast 09/11/2022 22:32 GMT : Meta founder Mark Zuckerberg says sorry after big job losses at the tech giant.

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