Meta Shareholder Asks Firm to Cut Jobs, Spending in Open Letter to CEO

Metaverse Hype Remains Stirred Despite 80 Percent Dip in Trading Volume
Facebook parent Meta Platforms needs to streamline by cutting jobs and capital spending, its shareholder Altimeter Capital Management said in an open letter to Chief Executive Mark Zuckerberg on Monday. The company has lost investor confidence as it ramped up... Read more