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Facebook parent Meta preparing large-scale layoffs this week

Facebook parent Meta preparing large-scale layoffs this week

Mon, Nov 07, 2022

The disappointing outlook comes as Meta is contending with slowing global economic growth, competition from TikTok, privacy changes from Apple (AAPL.O), concerns about massive spending on the metaverse and the ever-present threat of regulation.

Sheryl Sandberg resigns as COO of Facebook parent company Meta; here is what she plans to do next

Sheryl Sandberg resigns as COO of Facebook parent company Meta; here is what she plans to do next

Thu, Jun 02, 2022

Meta Platforms Inc Chief Operating Officer Sheryl Sandberg has resigned from Facebook after 14 years.

Meta's share price crash: Stock fall not 'surprising', focus on cyclical stocks in India, says market expert Ajay Bagga

Meta's share price crash: Stock fall not 'surprising', focus on cyclical stocks in India, says market expert Ajay Bagga

Fri, Feb 04, 2022

Facebook`s owner Meta Platforms' stock market value tanked by more than $230 billion, in a record daily loss for a US firm.

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Facebook owner Meta`s stock falls 26%, erases more than $200 billion in biggest wipeout; Zuckerberg loses $29 billion

Facebook owner Meta`s stock falls 26%, erases more than $200 billion in biggest wipeout; Zuckerberg loses $29 billion

Fri, Feb 04, 2022

Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc`s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon`s blockbuster earnings.

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