Meta, the parent company of Facebook and Instagram, continued its free fall in 2022. The company had more than $65 billion wiped off its market value after it reported another quarter of declining revenues. [Read More]
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It doesn't look good for Meta as the company is trading at its lowest stock value since 2019, advertisers are dropping spending, and users are leaving its platforms. [Read More] petapixel.com »
2022-10-01 00:05
Calling it a move to a "year of efficiency," Meta CEO Mark Zuckerberg has announced that the company will lay off 10,000 more workers and is closing about 5,000 open job listings. [Read More]
Meta, the parent company of Facebook and Instagram, is gearing up for another round of layoffs that are expected to affect thousands of employees. [Read More]