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Senior meta ads exec departs amid efficiency drive

A veteran Meta advertising product executive will leave the company in May, according to an internal announcement seen by Reuters, amid a months-long ...

March 22, 2023, 3:00 pm

Mark zuckerberg is leaning into meta's 'year of efficiency' the wrong way, and multiple rounds of layoffs will be damaging

The strategy risks hurting innovation, recruiting, and morale. It also makes it less likely he'll boost productivity or make Meta a talent magnet....

March 19, 2023, 6:00 am

Meta platforms issued a grim warning about the economy, but here's why its stock is a screaming buy

Meta Platforms has met investors' calls to shrink its workforce and rein in costs amid tough economic conditions. CEO Mark ...

March 18, 2023, 7:15 am

Mark zuckerberg says meta is aiming to update workers on the company's remote-work policy this summer, but he's not going to eliminate it completely

The CEO made the comments about Meta's remote-work policy during an all-hands meeting — his first since announcing another more lay offs this week....

March 17, 2023, 1:57 pm

Meta launches paid verification on instagram and facebook in the us

Meta CEO Mark zuckerberg announced today that the company is rolling out Meta Verified on Instagram and...

March 17, 2023, 11:47 am

A meta employee asked mark zuckerberg how staff could trust his leadership decisions after layoffs during a tense town hall

Mark zuckerberg said it was a "fair question," and added that he is doing his best to be transparent wi...

March 17, 2023, 11:33 am

Gpt-4 is here, and the silicon valley bank fallout

Then, Mark zuckerberg rethinks Meta's strategy....

March 17, 2023, 5:00 am

Meta's largest investment is ‘advancing ai': will it be enough to compete?

Meta Platforms Inc (NASDAQ:FB) chief executive Mark zuckerberg has doubled down on the Facebook owner's...

March 16, 2023, 11:18 am

Meta platforms: due for a time correction?

I discuss my take on zuckerberg's update. I think there's more to read into than the headline headcount...

March 16, 2023, 10:24 am

I was just laid off from meta. we knew more cuts were coming from the news before mark zuckerberg even told us, and the way the layoffs were ultimately handled was very cold.

Mary Prescott says she and her teammates preemptively said their goodbyes last week in anticipation of Meta's latest layoffs....

March 16, 2023, 5:00 am

Wall street sends meta and zuckerberg a message on cost cuts

A number of analysts raised their expectations for shares of the Instagram and Facebook parent....

March 15, 2023, 2:20 pm

Mark zuckerberg says meta employees who work in person 'get more done'

Meta is "refining" its distributed work model as part of its "year of efficiency"...

March 15, 2023, 10:09 am

Cramer comments on zuckerberg's 'update on meta's year of efficiency'

Mad Money host Jim Cramer weighs in on Meta's layoffs and the progress of CEO Mark zuckerberg's 'Year o...

March 14, 2023, 7:57 pm

Meta's big job cuts aren't about the tricky economy or rising inflation. they're about mark zuckerberg's mistakes.

Mark zuckerberg blames the economy for his company's workforce problems, but investors have always blam...

March 14, 2023, 6:18 pm

Mark zuckerberg says engineers who joined meta in-person perform better than those who joined remotely

Mark zuckerberg, co-founder and CEO of Facebook parent Meta, has pointed to internal data analysis that...

March 14, 2023, 1:44 pm

Meta cutting another 10,000 jobs due to ‘new economic reality'

Meta plans to lay off another 10,000 employees after cutting 11,000 jobs in November. The company will also freeze hiring for another 5,000 roles that...

March 14, 2023, 1:34 pm

Mark zuckerberg warns in layoffs announcement to prepare for a 'new economic reality' that could last 'many years'

The comment comes after Meta announced it's laying off another 10,000 workers. "This will be tough and there's no way around that," ...

March 14, 2023, 12:28 pm

Meta axes 10,000 jobs in new round of cuts

Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark zuckerberg cal...

March 14, 2023, 12:15 pm

Mark zuckerberg warns that ‘new economic reality' could continue for years as meta makes more layoffs

That's Meta Chief Executive Mark zuckerberg, who spoke of the “humbling wake-up call” his company e...

March 14, 2023, 11:58 am

Meta cutting another 10,000 jobs and institutes hiring freeze

Meta – the parent of Facebook and Instagram – will cut another 10,000 jobs and undergo a hiring freeze in what CEO Mark ...

March 14, 2023, 10:00 am


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