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Meta stock soars 23 percent after Zuckerberg hints at more layoffs

Por: New York Post Tech February 03, 2023

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Meta CEO Mark Zuckerberg said the social-media giant will make 2023 the “year of efficiency” — and signaled that more layoffs could be in the offing as to news that the company would initiate $40 billion worth of share buybacks. Share of Meta surged by 23% on Thursday as Facebook’s parent company’s fourth quarter earnings beat analysts’ estimates on Wednesday. Zuckerberg said that the company “may incur additional restructuring... + full article



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