Meta Cuts Jobs, Mark Zuckerberg Gets Richer: Wall Street Applauds Move - Meta Platforms (NASDAQ:META)
Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading higher, Meta CEO and co-founder Mark Zuckerberg also saw his wealth soar, potentially at the expense of some of his company's employees.
Stock market today: Russell rallies as rate cut bets mount on jobless claims, layoff numbers; S&P and Nasdaq run on Meta layoff news
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I was laid off by Meta as a 'low-performer.' I feel it's part of the reason I still can't find a job, 9 months later.
Brittney Ball is struggling to find work nine months after her Meta layoff. She's using this time to start her own tech company and go to college.