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Strikes flare in Europe as cost of living spirals
Strikes flare in Europe as cost of living spirals
Business and Economy
by  AFP

European workers squeezed by the soaring cost of living went on strike in Belgium and Greece on Wednesday, with stoppages threatening to paralyse parts of Britain, France and Spain in coming days. Belgium and Greece saw general strikes on Wednesday, disrupting transport in their respective capitals, impacting businesses.

Facebook owner Meta to lay off 11,000 staff
Facebook owner Meta to lay off 11,000 staff
Business and Economy
by  AFP

Facebook owner Meta will lay off more than 11,000 of its staff in "the most difficult changes we've made in Meta's history", boss Mark Zuckerberg said on Wednesday. Zuckerberg renamed the company to Meta a year ago to reflect the commitment to the project, but the division working on metaverse technology has since made losses of more than $3.5 billion.