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Gateway:Recent events  == Facebook owner Meta lays off 11,000 employees after state income falls ==  Mark Zuckerberg's Meta is cutting 11,000 jobs, more than one in eight employees, after a devastating drop in revenue has left the company behind Facebook overstaffed and "inefficient," the chief executive said in a note to employees.  .  However, Zuckerberg indicated that he planned to continue with the company's controversial multibillion-dollar bet on virtual reality, adding that the Metaverse project was a "high priority development area". The first round of redundancies in the company's history comes after its workforce reached 87,314 this year.  In the note on Wednesday, Zuckerberg said that Meta had invested more at the start of COVID, banking that online activity will continue to grow and [[coronavirus[1]|coronavirus]] will accelerate even after the pandemic ends.  He added, "Unfortunately, it didn't go the way I expected....