Facebook parent Meta to slash 10,000 employees

(SAN FRANCISCO) -- Facebook-parent Meta began laying off workers on Wednesday as part of its latest round of job cuts announced in March, the company confirmed to ABC News.Last month, CEO Mark Zuckerberg released plans for 10,000 job cuts over April and May, as part... Read More.

Sales slump at Facebook parent Meta, stock tumbles

(NEW YORK) -- Meta, the parent company of Facebook, reported a second consecutive quarter of declining sales on Wednesday, as the company contends with a widespread drop in online ad spending and rising competition from TikTok.In addition, an Apple iOS privacy update last year,... Read More.