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Stock impact report

Some Meta employees were told to work remotely for the day as layoffs loom [Business Insider]

Meta Platforms, Inc. - Class A (META) 
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Meta employees in wearables and ads were told on Tuesday to work remotely on Wednesday. The HR email comes as layoffs loom over the Big Tech company's 79,000 staff. Meta announced a significant stock-based compensation plan for top execs on Tuesday. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What impact do layoffs have on morale? Why focus on remote work before layoffs? How do layoffs affect Meta's future plans? How is Meta investing in AI technology? What are stock-based compensation plans? Some Meta employees received a message on Tuesday night directing them to work remotely on Wednesday, two sources who received the email told Business Insi Show less Read more
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