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Facebook owner Meta starts final round of layoffs

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Meta carried out the last batch of a three-part round of layoffs, according to a person familiar with the matter

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Facebook-parent Meta to lay off 10,000 employees in second round of job cuts

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Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. - Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to CEO Mark Zuckerberg

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Nirav Modi is the subject of two sets of criminal proceedings, with the CBI case relating to a large-scale fraud upon PNB, and the ED case relating to the laundering of the proceeds of that fraud. File

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Meta has worried investors by pouring over $10 billion a year into the “metaverse” as it shifts its focus away from social media. File

Facebook owner Meta lays off 13% of its employees, announces hiring freeze through Q1 2023

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A file photo of Facebook CEO Mark Zuckerberg during a live-streamed conference to announce the rebranding of Facebook as Meta

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Meta in the third quarter saw its profits fall to $4.4 billion, a 52% decrease year-over-year.

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A Moscow court in June rejected an appeal by Meta after it was found guilty of “extremist activity” in Russia in March. File

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