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Meta Posts $4.2 Billion Restructuring Charge

Por: The New York Times Tech February 02, 2023

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, the chief executive of Meta, has spent months cutting costs at his company to appease investors, fix its flagging stock price and reshape the business. But first, he will have to pay up.On Wednesday, Meta, the owner of Facebook, Instagram and WhatsApp, that it was taking a $4.2 billion restructuring charge for the fourth quarter. The charge included costs for the early termination of some office-space leases, redesigns of some data center... + full article



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