Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-17 pm EST			5-day change	1st Jan Change
612.77 ^USD	+0.24%		+0.73%	+4.66%

Jan. 20	EU Integrates Updated Code Against Hate Speech into Digital Services Act	MT
Jan. 20	Facebook, X, YouTube to do more against online hate speech, EU says	RE

Meta Plans to Cut Roughly 5% of Staff

January 15, 2025 at 04:21 am EST

Meta (META) is cutting around 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year. Riley Griffin has more on "The Asia Trade."

Bloomberg videos, provided by MT Newswires

Latest news about Meta Platforms, Inc.

EU Integrates Updated Code Against Hate Speech into Digital Services Act	Jan. 20	MT
Facebook, X, YouTube to do more against online hate speech, EU says	Jan. 20	RE
TikTok goes dark for US users, Trump says 'SAVE TIKTOK!'	Jan. 19	RE
TikTok faces US ban deadline as users brace for fallout	Jan. 18	RE
Social media personality racks up Snapchat views with Palisades fire coverage	Jan. 18	RE
Equity Markets Rise as Investors Parse Macro Data, IMF Report	Jan. 17	MT
Equity Markets Rise as Investors Parse Macro Data, IMF Report	Jan. 17	MT
US Supreme Court Upholds TikTok Ban as Sunday Deadline Looms	Jan. 17	MT
Global markets live: Citigroup, GM, Meta, Apple, Novo Nordisk...	Jan. 17
Terry Smith's portfolio for 2025	Jan. 17
TikTok Seen as 'Strong Strategic Fit' for Amazon, Morgan Stanley Says	Jan. 17	MT
Meta's 'Community Notes' to Reportedly Exclude Paid Ads	Jan. 17	MT
Once an interloper, Trump returns to White House more powerful than before	Jan. 17	RE
Meta's 'Community Notes' model will not apply to paid ads, WSJ reports	Jan. 16	RE
Advertisers with 'hair on fire' brace for US TikTok ban	Jan. 16	RE
Wall Street: tech's heaviness takes its toll	Jan. 16	CF
EU Competition Chief Denies Reassessment of Big Tech Probes -- Update	Jan. 16	DJ
Arista Networks Should Benefit From More Spending on Network Upgrades, AI in 2025, BofA Securities Says	Jan. 16	MT
Global markets live: UnitedHealth, Apple, Morgan Stanley, Google, Rio Tinto...	Jan. 16
EU Competition Chief Denies Reassessment of Big Tech Probes	Jan. 16	DJ
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Thursday; Taiwan Semiconductor, Rigetti Computing to Advance	Jan. 16	MT
Meta Platforms Insider Sold Shares Worth $22,132,922, According to a Recent SEC Filing	Jan. 16	MT
Meta Platforms Insider Sold Shares Worth $21,720,964, According to a Recent SEC Filing	Jan. 16	MT

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ; - sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Employees

72,404

Sector

Internet Services

Calendar

2025-01-29 - Q4 2024 Earnings Release

More about the company