Facebook's parent firm recorded a 55% drop in profits during the final quarter of 2022 - the result of a $4.2bn restructuring charge that included the cost of thousands of job cuts.
Full ArticleMeta reveals 55% drop in profits after mass layoffs
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Facebook parent Meta reveals 55% drop in profits as mass layoffs help hurt bottom line
Facebook's parent firm recorded a 55% drop in profits during the final quarter of 2022 - the result of a $4.2bn restructuring..
Sky News