Meta Platforms Inc. executives reportedly have warned of various pressures on their business, but the Facebook parent company still looks relatively well...
Meta Platforms Inc. executives reportedly have warned of various pressures on their business, but the Facebook parent company still looks relatively well positioned for a tougher economic backdrop, according to a Bank of America analyst.
Chief Executive Mark Zuckerberg told executives to brace for more aggressive evaluations and to anticipate tackling more work with fewer resources, according to the New York Times. Separately, Chief Product Officer Chris Cox warned of “fierce headwinds” in an employee memo, per the report.
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