15 and healthcare coverage for six months, according to Meta, which had 87,314 employees as of the end of September. Zuckerberg tells staff to focus on video products as Metas stock plunges. McCarthy added he was skeptical about the company's metaverse bets, and that rising interest rates and a gloomy macro environment could continue to weigh on the ad market.Īs part of the severance package, Meta will pay 16 weeks of base pay and two additional weeks for every year of service, as well as all remaining paid time off.Īffected employees will also receive shares that were set to vest on Nov. CEO Mark Zuckerberg rallied his employees to focus on.
Next year is going to be a difficult environment for them," said Paul McCarthy at Kisco Capital, which previously owned Meta shares. youthful companies can shower recruits with stock options, Kertzman says. "They're going to have to continue to rightsize. There's little doubt that recruiting and retaining staff will remain a. Zuckerberg tells staff to focus on video products as Meta’s stock plunges CEO blames an ‘unprecedented level of competition’ Published on February 03, 2022. The spending spree has drawn the ire of Wall Street and shareholders, with one investor recently calling the investments "super-sized and terrifying." Analysts have also questioned how long Meta can pour money into the project in a weak economy. Sigue sien el rey pero la Vídeo, vídeo, vídeo. The business lost $9.44 billion from January to September this year, with losses expected to grow significantly in 2023. Este parece ser el mantra que Zuckerberg repite al equipo de Meta para hacer frente a la amenaza de tiktok.
Still, more of the leftover resources will go toward the Reality Labs unit responsible for its metaverse investments.
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