Over the past two years, Meta has sold 15 million Quest 2 headsets. While it doesn’t have the best visuals or the kind of processor needed to produce “indistinguishable from the real world” simulations, it does. is a decent example of making good compromises to produce a product that consumers want and can afford. Possible …
The drumbeat of an impending recession is growing louder and continues to claim jobs in the form of mass layoffs and executive departures. Tech companies have laid off 33,000 workers since October, including big brands such as Amazon, Microsoft, Coinbase, Twitter, Stripe, Salesforce and Meta. Similarly, management changes have taken place due to economic jitters, …
This is what Meta could look like if Zuckerberg steps down in 2023 Read More »
The drumbeat of an impending recession grows stronger and continues to claim jobs in the form of mass layoffs and executive departures. Tech companies have laid off 33,000 workers since October, including major brands such as Amazon, Microsoft, Coinbase, Twitter, Stripe, Salesforce and Meta. Similarly, changes in direction have taken place due to economic jitters, …
This is what Meta could look like if Zuckerberg steps down in 2023 Read More »
Lemon_tm Meta platforms (NASDAQ: META) reported large-scale layoffs on the morning of Wednesday, November 09, affecting around 10% of the company’s approximately 90,000 employees. That’s on the back of the company’s valuation which has fallen around 75% in just over a year, from a seemingly unassailable position as recently as September 2021. Undeniably, while economic …
Meta platforms are on hold until Mark Zuckerberg changes his mind (NASDAQ:META) Read More »
Lemon_tm Meta platforms (NASDAQ: META) reported large-scale layoffs on the morning of Wednesday, November 09, affecting around 10% of the company’s approximately 90,000 employees. That’s on the back of the company’s valuation which has fallen around 75% in just over a year, from a seemingly unassailable position as recently as September 2021. Undeniably, while economic …
Meta platforms are on hold until Mark Zuckerberg changes his mind (NASDAQ:META) Read More »
Meta Platforms Inc. CEO Mark Zuckerberg said the company would cut more than 11,000 jobs in the first major round of layoffs in the social media giant’s history. The cuts, equal to around 13% of the workforce, were disclosed in a statement on Wednesday. The company will also extend its hiring freeze until the first …
Zuckerberg says ‘sorry’ as Meta begins cutting over 11,000 jobs Read More »
