DancingNarwhal
DancingNarwhal

Meta 40billion$ share buyback

After laying off 13% of workforce ,Meta announced additional 40billion $ share repurchase authorisation. Now Metals 4th quarter results surpass analysts expectation

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SleepyNugget
SleepyNugget
Amazon27mo

Isn’t this such a sad move for laid off employees. Sigh. The company clearly has a tonne of cash

ZippyBagel
ZippyBagel

It's just business and they don't have to buy it, the board just cleared it

DizzyMuffin
DizzyMuffin
Google27mo

Is buy back a good or a bad strat?

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News Discussion
by QuirkyBurritoInc42

Meta layoffs

Guys, heard anything about meta layoffs in India? A WSJ report today said that Meta will start its layoff drive globally this week 😐

Layoffs
by GigglyBiscuitSoftware Engineer

New Meta layoffs

Looks like meta is going for 3rd or 4th ( honestly lost count) round of layoffs . Articles suggest that 5000 folks might be affected 😕

These are the world's largest tech companies and have billions in profits. How can they not know h...