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Meta delays setting team budgets as Facebook parent plans fresh round of layoffs, Financial Times reports

By:
Buy the dip
👤Community Lead :):) 
💬 580
   Feb 12, 2023

https://www.reuters.com/technology/meta-delays-setting-team-budgets-facebook-parent-plans-fresh-round-layoffs-ft-2023-02-11/

meta is probably going to rally on Monday. Although this could also mean that we might be seeing a MySpace in the making.

$meta


META  
META stock company logo - Meta Platforms
  51.18% since post
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By:
kalphans
👤Day trading 
💬 1
   May 18, 2023

What a fall from grace for Facebook. Really got caught out by AI developments and the big tech stock crisis. They really messed it up.


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