the parent company of Facebook
-
Meta’s RealityLabs Suffers $4 Billion Loss: A Look into the Metaverse Sector
On April 27th, it was reported that Meta\’s metaverse division, Reality Labs, suffered a loss of $4 billion in the first quarter of this year, and Meta is expected to not only conti
-
Meta to Lay Off 4000 Employees: What will be the Impact on the Company?
According to reports, Meta is expected to lay off 4000 employees on April 19th, which will be part of the company\’s layoff plan announced in March. (VOX)
Meta expects to lay off 40 -
Meta to Implement Performance-Based Bonus Cuts and More Frequent Evaluations
On March 29, Meta informed middle and senior officials in a memo on Monday that employees who were rated as \”meeting most of the requirements\” in the 2023 year-
