Meta Platforms Inc – Page 56

Meta Lays Off More Than 11,000 Employees

The parent of Facebook, Instagram and WhatsApp reduced its work force by 13 percent and extended a hiring freeze through the first quarter of next year.

By Sheera Frenkel

Advertising and Marketing Computers and the Internet Facebook Inc Instagram Inc Labor and Jobs Layoffs and Job Reductions Meta Platforms Inc Mobile Applications Social Media WhatsApp Inc

Meta Is Said to Plan Significant Job Cuts This Week

Mark Zuckerberg, Meta’s chief executive, said last month that many “teams will stay flat or shrink over the next year” as his company faces economic challenges.

By Sheera Frenkel

Civil Rights and Liberties Color of Change (Nonprofit) Computers and the Internet Corporate Social Responsibility Facebook Inc Freedom of Speech and Expression Hate Speech Mergers, Acquisitions and Divestitures Meta Platforms Inc Midterm Elections (2022) Musk, Elon National Assn for the Advancement of Colored People Online Advertising Social Media Twitter

Elon Musk Takes a Page Out of Mark Zuckerberg’s Social Media Playbook

As Mr. Musk takes over Twitter, he is emulating some of the actions of Mr. Zuckerberg, who leads Facebook, Instagram and WhatsApp.

By Kate Conger Ryan Mac and Tiffany Hsu

Banking and Financial Institutions Credit Suisse Group AG European Central Bank Facebook Inc Federal Reserve System Meta Platforms Inc Social Media Twitter West, Kanye

Credit Suisse Plans a Big Retreat From Wall Street

Shares in the Swiss banking giant tumbled after its executive team laid out the details of a long-awaited restructuring plan.

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