Tag: instagram
-
As Wall Street rallies due to layoffs, Meta shares increase by 7%.
Following the company’s announcement that it will let go of more than 11,000 employees, Meta’s shares increased by more than 7% on Wednesday. The layoffs, in the opinion of UBS analysts, are a strong indication that the firm “gets it,” as seen by their positive response to Meta’s statement on Wednesday. The analysts kept their…
-
Facebook owner Meta anticipated to announce huge job layoffs.
Facebook’s parent company Meta is allegedly preparing hundreds of layoffs this week. US media indicated at the weekend that job layoffs might be revealed Wednesday. Mark Zuckerberg suggested employee cuts after Meta’s poor third quarter. “In 2023, we’ll invest in a few high-priority growth sectors,” he stated. Meta employs 87,000 people across Facebook, Instagram, and…
-
Mark Zuckerberg and his wife Priscilla Chan are expecting their third daughter
Facebook Co-founder Mark Zuckerberg is expecting a third daughter. On Wednesday Mark took to Instagram with a post of a picture resting his hand on his wife’s stomach with the caption “Happy to share that Max and August are getting a new baby sister next year” Mark and Priscilla met at a Harvard University frat…