Tag: what's app
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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…