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Stockreport

Meta to cut 10% of jobs, or 8,000 employees, report says [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
US President Donald Trump said he would be imposing tariffs on semiconductor imports "very shortly" but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty Images | Image Credits:Will Oliver/EPA/Bloomberg / Getty Images Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg . Meta also will not hire for 6,000 roles that are currently open. According to an internal memo sent to employees Thursday and viewed by Bloomberg, Meta told staff that the cuts will begin on May 20. Reuters had earlier reported on Meta's plans for sweeping layoffs. TechCrunch has reached out to Meta for comment. “We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making,” chief people office Janelle Gale told employees, according to the memo. “This is not an easy tradeoff a [Read more]
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Stockreport

Meta to cut 10% of jobs, or 8,000 employees, report says [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
US President Donald Trump said he would be imposing tariffs on semiconductor imports "very shortly" but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty Images | Image Credits:Will Oliver/EPA/Bloomberg / Getty Images Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg . Meta also will not hire for 6,000 roles that are currently open. According to an internal memo sent to employees Thursday and viewed by Bloomberg, Meta told staff that the cuts will begin on May 20. Reuters had earlier reported on Meta's plans for sweeping layoffs. TechCrunch has reached out to Meta for comment. “We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making,” chief people office Janelle Gale told employees, according to the memo. “This is not an easy tradeoff a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS