Facebook and Canada’s Online New Act: One More Problem for a Troubled – and Troubling – Company
Hugh Stephens Blog
NOVEMBER 14, 2022
As Bill C-18, the Online News Act, continues its step-by-step process through the Canadian Parliament, another shoe has dropped. Meta, Facebook’s parent company announced it will be laying off 13 percent of its global workforce (11,000 people) owing to two quarters of losses and a sinking share price.
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