Meta Platforms (META) Expected to Cut Thousands of Jobs this Week - WSJ

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Analyst Upgrades Meta (META) as Market is Pricing in an 'Extreme Bearish Scenario'

November 7, 2022 8:37 AM EST

Meta Platforms (NASDAQ: META) shares are up over 3% in pre-open Monday after analysts weighed in positively on the companys plans to cut its operating expenses.

The Wall Street Journal reported over the weekend that Meta is planning to reduce its workforce this weak. The cut is expected to affect many... More