Meta Gained Nearly 6% in Morning Trading After Laying off Over 11,000 Employees

Tiger Newspress2022-11-09

Meta Platforms, Inc. gained nearly 6% in morning trading after laying off over 11,000 employees.

Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s history.

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pandajojo
·2022-11-10
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- pandajojo:
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  2022-11-10
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redhawk
·2022-11-10
Nice
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Sporeshare
·2022-11-10
Will it stop after the first lay off? I think price temp rebound and mat likely return back all the gains! Dyodd
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- ocllove:
  maybe
  2022-11-10
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it stop after the first lay off? I think price temp rebound and mat likely return back all the gains! Dyodd&nbsp;","listText":"Will it stop after the first lay off? I think price temp rebound and mat likely return back all the gains! Dyodd&nbsp;","text":"Will it stop after the first lay off? I think price temp rebound and mat likely return back all the gains! Dyodd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960003149","repostId":1108411051,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104732961,"gmtCreate":1668035960865,"gmtModify":1668035974233,"authorId":3557474505126210,"author":{"id":3557474505126210,"idStr":"3557474505126210","authorId":3557474505126210,"name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9960003149,"type":1,"supId":0,"prevId":0,"content":"<u>maybe</u>","text":"<u>maybe</u>","html":"<u>maybe</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":54,"commentSize":3,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}