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World Business Report: First broadcast 09/11/2022 15:32 GMT : Meta slashes 13% of workforce

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Meta slashes 13% of workforce

First broadcast 09/11/2022 15:32 GMT 

First broadcast 09/11/2022 15:32 GMT : Meta slashes 13% of workforce

BBC World Service - World Business Report, Meta slashes 13% of workforce

The parent of Facebook and WhatsApp has driven a further cut in tech sector employment

The parent company of Facebook and WhatsApp, Meta, has announced 11,000 staff will lose their jobs in a major payroll cut. It's the latest big tech company to announce layoffs.

The parent of Facebook and WhatsApp, Meta, has announced 11,000 staff will lose their jobs in a major payroll cut. It's the latest big company to announce layoffs amid a global tech sector crunch.

America's two main parties have fought a close battle in the US midterms - so how different is their vision for the country's economy?

A leading German economist shares his concerns around a recession in the coming months.

We're also joined by the secretary-general to the Commonwealth of Nations, Baroness Scotland, as COP27 continues in Egypt.

(Picture: A litter picker outside Meta's headquarters in California. Credit: Getty Images.)

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First broadcast 09/11/2022 15:32 GMT : Meta slashes 13% of workforce

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