Sounds like layoffs may be in their future – this is from a Bloomberg reporter
Share price is now down to $136 from a high last year of $378.
Update: Published rumors suggest Meta/FB/IG is planning to layoff 10% of staff.
Skeptical on: Business, Tech, Energy, Global issues. Content (C) Copyright 2023.
Sounds like layoffs may be in their future – this is from a Bloomberg reporter
NEW: Meta CEO Mark Zuckerberg just told employees the company is implementing a hiring freeze, and warned there will likely be more restructuring and downsizing to follow
— Kurt Wagner (@KurtWagner8) September 29, 2022
Share price is now down to $136 from a high last year of $378.
Update: Published rumors suggest Meta/FB/IG is planning to layoff 10% of staff.
