Meta to Reduce Staff Bonuses and Increase Performance Reviews in 2024
As part of its ongoing restructuring efforts, Facebook parent company Meta has announced that it will reduce employee bonuses and increase p
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FTT Galaxy
- Dec 20, 2022
- 1 min
European Commission Issues Statement of Objection to Meta for Monopoly in the Advertising Business
The European Commission has issued a statement of objection to Meta, the parent company of Facebook, claiming that the online advertising bu
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FTT Galaxy
- Nov 28, 2022
- 2 min
Meta was fined 265 million euros by Ireland
Meta, the parent company of Facebook, was fined 265 million euros by the Irish Data Protection Commission (DPC) today, mainly because the pe
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FTT World
- Nov 24, 2022
- 4 min
Former employees of Twitter and Meta share their experience of being laid off from TikTok
Companies such as Facebook's parent company Meta and Twitter have recently carried out large-scale layoffs. Many former employees flocked to
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FTT Galaxy
- Nov 18, 2022
- 4 min
Meta fired more than 20 employees
People familiar with the matter said, Facebook's parent company Meta has fired or punished more than 20 employees and contractors in the pas
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FTT Galaxy
- Nov 10, 2022
- 1 min
Facebook parent Meta lay off more than 11,000 jobs
Facebook parent company Meta announced that in response to soaring costs and a weak advertising market, the company will lay off 13% of its
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FTT Galaxy
- Nov 10, 2022
- 5 min
What did Meta Zuckerberg's internal letter to lay off say?
The news of Meta layoffs finally boots landed. Meta confirmed that it will lay off 13% of its 87,000 employees, which means more than 11,000
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FTT Galaxy
- Nov 7, 2022
- 1 min
Meta will start the first large-scale layoffs in history
People familiar with the matter said that Facebook's parent company Meta plans to start mass layoffs this week, which will affect thousands
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FTT Galaxy
- Nov 6, 2022
- 2 min
Meta open source new audio compression technology EnCodec
Meta announced a new open-source audio compression technology EnCodec in a blog, claiming that the compressed file size is 10 times smaller
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FTT Galaxy
- Nov 3, 2022
- 2 min
Meta ramps up NFT promotion
Meta is reportedly expanding the launch of NFTs (non-fungible tokens) on its platform despite a slowdown in digital asset trading. On Wednes
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