A Meta employee says he was laid off from the company two days after relocating from India to Canada for work. Himanshu V., a software engineer from India, wrote in a LinkedIn post on November 10 that he was one of the thousands of employees affected by Meta's mass layoffs. "I relocated to Canada to join #Meta and 2 days after joining, my journey came to an end as I am impacted by the massive layoff," Himanshu, a software engineer, wrote in the post. "My heart goes out to everyone facing a difficult situation right now."

Some laid-off Meta staff are using social media to maintain a tradition of revealing their next steps after losing access to the internal systems.

Facebook founder and CEO Mark Zuckerberg described the cuts as a "last resort" in a memo sent to staff.

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. The job cuts come just a week after widespread layoffs at Twitter under its new owner, billionaire Elon Musk. There have been numerous job cuts at other tech companies that hired rapidly during the pandemic.

Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday.

Investors have expressed their ire in meetings with Meta executives, including some conferences with Mark Zuckerberg over the past week, FT reported.

Competition, miscalculations, and regulatory scrutiny have all but killed the advertising giant's dreams of diversifying its business and rolling up the digital world into its platform.

Meta's apps have almost 3 billion daily users. It's scooped up unknown numbers of email addresses and phone numbers for people who never signed up.

The social networking company, which is trying to shift into the so-called metaverse, posted falling sales and said it was “making significant changes” to operate more efficiently.

Meta's push to put computing into a headset will end in tears

A Facebook search for the words “election fraud” first delivers an article claiming that workers at a Pennsylvania children’s museum are brainwashing children so they’ll accept stolen elections. Facebook’s second suggestion? A link to an article from a site called MAGA Underground that says Democrats are plotting to rig next month’s US midterm elections. “You should still be mad as hell about the fraud that happened in 2020,” the article insists.

Staring down the barrel of a potential recession, Meta should be focused on growing engagement and revenue for Instagram, Facebook, and WhatsApp.

The metaverse is a failure. The games are stupid. I’ve tried DecentralandMANA 0.0%, which is a token I stupidly own. My avatar keeps banging into walls. Even if I paid for the premium services, skins, or whatever they are called, I could not imagine the experience being all that interesting. The token is off 81% year-to-date. It’s a wonder they are even still in business. Grayscale’s Decentraland ETF is being bought now by crypto vultures who like it at 60 cents and think it might go to a $1 again someday.

Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns about legislation that would compel digital platforms to pay news publishers.

The sale is the first time Meta has been forced by regulators to sell a part of its business, a sign of increased antitrust scrutiny around the world.

Mark Zuckerberg should pause, reflect, and ask himself one important question: When is enough, enough?

Cloudflare’s recent headline-making decision to refuse its services to KiwiFarms—a site notorious for allowing its users to wage harassment campaigns against trans people—is likely to lead to more calls for infrastructure companies to police online speech.

Ducktail, a known phishing campaign that hijacks Facebook accounts running advertising campaigns for businesses, is now distributing a brand new infostealer malware.

Facebook owner Meta's Horizon Worlds is failing to meet internal performance expectations, a report says.

In most market environments, a company with one of the lowest valuations in the Nasdaq 100 Index, a solid balance sheet and sales growth averaging 34% a year would be an obvious buy. In the case of Meta Platforms Inc., it’s not so obvious.