Massive layoffs at Meta Platforms Inc. began Wednesday, offering a slight boost to the social-media company’s beaten-down stock. Chief Executive Mark Zuckerberg told employees that he planned to lay off Read more
Tag: Zuckerberg
Zuckerberg says he’s accountable for missteps as Meta prepares for mass layoffs
Meta Platforms Inc. META, -0.26% will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday. The coming cuts are expected to total many thousands of employees and Read more
Meta’s new VR headset will cost $1,500 as Zuckerberg sets up battle with Apple
Meta Platforms Inc. introduced a new virtual-reality headset with a price tag more than three times the price of its predecessor, as Chief Executive Mark Zuckerberg prepares for a likely Read more
Zuckerberg warns hiring freeze, restructuring is coming to Meta: report
Mark Zuckerberg warned employees Thursday that a hiring freeze and restructuring is coming to Facebook parent company Meta Platforms Inc. Meta’s META, -3.67% chief executive and co-founder made the announcement Read more
Mark Zuckerberg baseball card sells for $105,000 at auction
The sports-card market has long been dominated by legendary names such as Mickey Mantle and LeBron James. Could social-media titan Mark Zuckerberg be joining that list? An autographed card bearing Read more
Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious Read more
Mark Zuckerberg issues dire economic warning to Meta employees
Mark Zuckerberg has issued a chilling message to Meta Platforms Inc. employees: The company faces one of the “worst downturns that we’ve seen in recent history” that will necessitate a Read more