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Meta shareholder tells company to cut staff, ‘get fit and focused’

Por: The Hill Tech October 27, 2022

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Meta investor Altimeter Capital called on the company to cut its staff and to limit its investments on expanding into the virtual reality metaverse world . The letter from Altimeter Chairman and CEO Brad Gerstner was published two days before Meta is scheduled to release its earnings for the third quarter, the latest announcement since Meta in July. . Gerstner’s said the suggestion to cut at least 20 percent of employee-related expenses by the... + full article



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