10K Laid Off and Weak Results — Why Is Meta Stock Up 54% YTD?

10K Laid Off and Weak Results — Why Is Meta Stock Up 54% YTD?Credit: NerdWallet

NerdWallet

a year ago

Meta announced 10,000 more employees laid off, with 5,000 new job openings closed and a companywide “restructuring." And so far, investors are digging it.

Meta is now in CEO Mark Zuckerbergs year of efficiency, and this week, we got a glimpse of what that means 10,000 more employees laid off, with 5,000 new job openings closed and a companywide restruc…

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What is Landindex?

Landindex is the world’s most trusted and accurate source for Metaverse market information, pricing, and data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics. Landindex is a U.S. company registered in the United States of America. Landindex has been the premier price-tracking website for Metaverse sales and acquisitions, including those in the Metaverse. It is the most referenced and trusted source for comparing thousands of land properties, including those within Metaverse, in the real estate space by users, institutions, and media. Landindex firmly stands for accurate, timely, and unbiased information, enabling each end user to draw their own informed conclusions from Landindex data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics.

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