Tech & Science Daily podcast: Zuckerberg fires 11,000 Meta employees

Plus, the crypto market is rocked
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Zuckerberg fires 11,000 Meta employees
AFP via Getty Images
Rachelle Abbott9 November 2022

Mark Zuckerberg has announced that he will be firing 11,000 Meta employees as part of a widespread restructuring to cut costs at the company.

Shares in Meta have fallen 72% since the start of the year as the firm reported a downturn in advertising revenue and investor optimism over Zuckerberg’s ‘metaverse’ ambitions.

It comes just days after Elon Musk fired thousands of Twitter employees saying the company is losing more than $4 million a day.

The cryptocurrency market has been rocked by the near-collapse of FTX.

For the latest, Tech & Science Daily spoke to  Simon Hunt, the Evening Standard’s Tech Reporter.

It’s claimed that the discovery of 2000-year-old bronze statues in Italy will ‘rewrite’ history.

Archaeologists have been exploring the ruins of an ancient bathhouse in San Casciano since 2019 and believe that the hot muddy waters helped preserve the figures.

And the rest

Elon musk has sold another 19.5 million shares of Tesla - worth $3.95billion dollars, the first known sentence written in an ancient alphabet has been found on a head lice comb and Nasa has had to reschedule the Artemis Moon rocket launch again due to Tropical Storm Nicole.

Plus, a study suggests that fertilisers confuse bumblebees, how a key protein discovery could help with early lung cancer detection and why hitting the snooze button might actually be good for you.

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