Facebook Parent 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 M
Source: batonrougepost.com
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Facebook parent Meta prepares for large-scale layoffs this week
Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce.
Source: sanantoniopost.com
EMEA Morning Briefing: U.S. Tech Weakness May Weigh on European Stocks; ECB Decision Watched
MARKET WRAPS Watch For: ECB rate decision; Germany GfK consumer climate survey, Bavaria CPI; trading updates from Anheuser-Busch Inbev, Shell, Credit Suisse, Anglo American, Unilever,...
Source: marketscreener.com
CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:47:00
Wall street stock index futures are also mixed. that's the trend. stocks finishing the day mostly flat but the nasdaq dropped more than 2% on disappointing earnings from facebook's parent meta. rising mortgage rates slamming the brakes on the housing market. housing market down 17% from last year. gas prices held steady. now at $3.17 a gallon. wall street expecting the positive gdp report after two consecutive negative readings. joining me is mark ham rick. the economy likely grew 2%. looking forward, that's a rear-view mirror reading, looking forward your quarterly survey of economists find...
Source: archive.org
Meta Unveils Its First Standalone Asian Office In Gurugram
Facebook Parent Meta has unveiled its first standalone office in Asia in Gurugram this morning, according to India Managing Director.
Source: inc42.com