Facebook stock value drops, layoffs may be looming
1 year ago
2
Facebook may be looking at their stock value plummetting. In turn, Facebook maybe looking at laying off a large number of employees to compensate.
Here's the links:
https://www.cnbc.com/2022/09/30/facebook-scrambles-to-escape-death-spiral-as-users-flee-sales-drop.html
https://nypost.com/2022/10/04/facebook-to-purge-thousands-of-workers-in-quiet-layoffs/
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