i
O Your Reading indicates how well you are informed about a given subject according to the depth and contextualization of the contents you read. Our team of editors credits 15, 20,
Close
The article you are reading right now
+0
Information is part of the exercise of citizenship. Here you can see how well informed you are about what happens in the federal government.
How about knowing more about this subject?
Meta, the company that owns Facebook, laid off more than
This morning, CEO Mark Zuckerberg spoke to employees , via email: “I want to take responsibility for these decisions and for the way we got here.” According to him, the revenue growth recorded during the pandemic could not be sustained, in an environment of economic slowdown, with a drop in trade electronic and digital advertisements.” made our revenue much smaller than I expected. I got it wrong and I take responsibility for that”, he lamented.
The measure affected all the company’s teams, which is also expected to close some offices, according to the Financial Times. Other cost reductions and benefits for the team are part of the package.
At the end of October, investors eliminated another US$
Meta also said that it faces competition from rivals such as TikTok, and that it has had difficulty target advertising following changes to Apple’s privacy policy.
, 5% since the beginning of the year. According to the Financial Times, Meta shares rose 3% in premarket trading on Wednesday, following the layoffs.Receive Our News
Newsletter
On the cellphone
By registering for our newsletters, you agree to our Terms of Use and Privacy Policy, including receiving content and promotions from Gazeta do Povo. Unsubscribing can be done at any time at this link.
To deselect, tap the icon again 091037375787945707070
Saved news are in My Gazeta in the Saved Contents section.
