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FACEBOOK is reportedly giving up on its smart display products in an apparent cost-cutting exercise.
The social network has already announced that it is firing 11,000 staff, as it contends with soaring costs and a weaker advertising market, which it heavily relies on to make money.
Now, we’re getting an idea of where the axe will fall, and it looks like Meta’s Portal video calling device is one of the big victims.
Employees were told on Friday that the company is scaling back on non-core hardware products, according to Reuters.