Meta Platforms is expected to lay off an additional 10,000 employees within the next few months in hopes of improving financials and making Facebook one of the most efficient technology companies in the world.
Meta Platforms (META 1.54%) announced more layoffs, and Netflix (NFLX -0.51%) is reportedly looking for new technology options for its recently released ad-tier solutions. Check out the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were the market prices of March 14, 2023. The video was published on March 14, 2023.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms and Netflix. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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