Meta's layoffs were expensive &mdash; it may have spent more than $88,000 per employee to cut 11,000 from the ranks

(February 02 08:35) Businessinsider.sg

Meta's severance and personnel costs, following layoffs announced in November, totaled nearly $1 billion, the company reported Wednesday.

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Meta's layoffs were expensive &amp;mdash; it may have spent more than $88,000 per employee to cut 11,000 from the ranks