I'm going to list some of the most challenging modifications we've ever done to Meta today
I've made the decision to let more than 11,000 of our excellent workers go
in order to lower the size of our workforce by around 13%
We are also reducing discretionary expenditure and extending
our hiring freeze through Q1 in order to create a smaller and more effective firm.
I want to accept responsibility for these choices and how we
arrived at this point. I apologise in particular to those affected
since I am aware that this is difficult for everyone.