Tag: Business/Consumer Services
Meta Cuts Spending. The Shares Jump.
The Facebook parent announced a new round of spending cuts along with its earnings report on Wednesday. Plus, it's buying back another $40 billion worth of stock.
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2 Feb, 08:38 AM
Households earning $100,000 or more are cutting spending more aggressively. What’s going on?
More U.S. adults said their monthly expenses exceeded their monthly income in December, according to a report released this week.
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20 Jan, 11:44 AM
Facebook parent Meta planning massive layoffs this week: report
Facebook parent Meta is reportedly planning to lay off thousands of workers this week as the company's stock price has dropped 73% so far this year.
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7 Nov, 06:11 AM