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Meta has announced plans to cut its workforce by 13% worldwide (Photo: PA) A total of 11,000 employees of Meta’s 87,000-person global workforce are being laid off as part of a wider shake-up of the business that aims to drastically cut costs. Meta founder and chief executive Mark Zuckerberg said the cuts were “some of […]

As Meta Platforms Inc. META and Alphabet Inc. GOOGL GOOG prepare to release their third-quarter results, an analyst at KeyBanc Capital Markets took down his estimates — both current year and forward — as well as price targets for shares. What Happened: Justin Patterson maintained his Overweight ratings for the shares of both Meta and […]

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