Massive layoffs at Meta indicate Silicon Valley woes
Massive layoffs at Meta indicate Silicon Valley woes - CBS News Watch CBS News Mark Zuckerberg's Meta is laying off 13% of its workforce, as...
Facebook owner Meta cuts 11,000 jobs—13% of workforce
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO...
Meta’s value has plunged by $700 billion. Wall Street calls it a “train wreck.”
Facebook parent Meta Platforms is making a huge investment in virtual reality, but its actual reality is looking like a real disaster. Meta shares tumbled 24%...
Mark Zuckerberg’s net worth has dropped $71 billion this year
The stock market rout of 2022 has reduced the personal worth of plenty of tech billionaires, but none more than Meta CEO Mark Zuckerberg.The founder...
Sheryl Sandberg leaving Facebook parent company Meta
Sheryl Sandberg leaving Facebook parent company Meta - CBS News Watch CBS News Sheryl Sandberg is stepping down as the chief operating officer at Facebook's...