Meta in Freefall as Profits Halved and Lowers Guidance

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  • #46500
    ThePitBoss
    Participant

    Social media beast Meta, owner of Facebook shares were savaged around 20% to levels last seen in July 2016. META reported third quarter revenue and EP
    [See the full post at: Meta in Freefall as Profits Halved and Lowers Guidance]

    #47206
    MoneyNeverSleeps
    Participant

    WSJ reported Meta Platforms is planning to begin large-scale layoffs this week, according to people familiar with the matter layoffs are expected to affect many thousands of employees an announcement is planned to come as soon as Wednesday

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