It's all in the name of efficiency (and cost-cutting)
Audio player loading… Meta has taken the lid off its 2022 end-of-year finances (opens in new tab), uncovering a reasonably small 1% drop in annual revenue compared with the year prior, at a time when other companies are reporting significant losses. The company explained a number of decisions it took to "pursue greater efficiency and to realign [its] business and strategic priorities", which included a heavy review of its facilities that saw it open up subleases, early terminate, and even abandon a number of its offices. The report also details the layoffs that affected around 11,000 of its workers, but it's the company's plans for its data centers that are likely to be most talked about. TechRadar Pro needs you! (opens in new tab) We want to build a…