Meta boss Mark Zuckerberg faced thousands of anxious employees in an all-staff Town Hall meeting this morning, just two days after announcing that the company would eliminate 10,000 jobs. According…
Tag: Meta
Meta Employees Are Being ‘Paid to Do Nothing’: Report
It’s misery at Meta. According to the New York Post, cost-cutting measures and mass layoffs have left employees feeling unliked and demotivated. A Financial Times report reveals that the malaise…
Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’
Facebook parent Meta conducted its biggest-ever layoffs last November, shedding about 11,000 workers. But more jobs, it appears, are about to be axed. CEO Mark Zuckerberg noted in a Facebook…
Meta set to report fourth-quarter earnings after the bell
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg |…
Meta to Cut 11,000 Jobs; Zuckerberg Says ‘I Got This Wrong’
(Bloomberg) — Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs in the first major round of layoffs in the social media…
Meta will reportedly announce ‘large-scale’ layoffs next week
Facebook parent company Meta could announce large-scale layoffs as early as next week, according to The Wall Street Journal. The outlet reports the company is planning to cut “many thousands”…
Bulls on Meta Stock Have One Big Problem: Mark Zuckerberg
(Bloomberg) — Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock recovering…
Meta, Ford, ServiceNow and more
Meta Platforms (META): A miss on earnings and soft fourth-quarter revenue guidance pushed shares lower in extended trading. Revenue for the quarter was $27.7 billion, better than the $27.4 billion…
Facebook parent Meta Q3 2022 earnings
Meta shares continued their 2022 freefall, plunging 19% in extended trading on Wednesday after Facebook’s parent issued a weak forecast for the fourth quarter and came up well short of…
Meta Imposes Strict New Policy for Restructuring Workers
A new report by the Wall Street Journal claims that Meta Platforms, formerly Facebook, has told certain employees they must find another job within the company within a 30-day time…