
Meta initiates 3rd round of layoffs
Mark Zuckerberg-led Meta announced a three-part layoff round in March 2023 after firing around 11,000 employees in November last year
Mark Zuckerberg-led Meta announced a three-part layoff round in March 2023 after firing around 11,000 employees in November last year
Meta said that the company is "disappointed to be singled out when using the same legal mechanism as thousands of other companies looking to provide services in Europe."
To edit texts on WhatsApp, users will need to long-press on a sent message and choose 'edit' from the menu for up to 15 minutes after.
Union minister Ashwini Vaishnaw says such mobile numbers, registered using fake documents, could be used for cybercrime; asks other companies to follow suit
The company’s total cost and expenses surged 10% YoY to $21.42 billion during the period under review, as against $19.4 billion in the same period last year.
Meta CEO Mark Zuckerberg calls it a “tough decision” with no way around that. Social media firm to also not fill 5,000 open vacancies.
Meta introduced its own digital collectibles on Instagram in May last year to support creators across the social media platform.
If launched in India, Meta Verified will cost ₹991.57 per month for web, and ₹1,239.67 per month for iOS users.
IT cos are on a churning spree amid a weak outlook. Big tech firms like Microsoft, Google, Amazon, Meta have laid off thousands of employees in recent months.
In October 2022, Microsoft fired as many as 1,000 employees or 1% of its workforce. This time, it could lay off around 5% of employees.