In 2021, Meta registered 71,970 workers worldwide.
Meta’s revenues were approximately $117 billion.
Meta generated $114.93 billion in advertising revenue that year.
The economic crisis has affected many firms around the world, which is why the rise in their shares has become a recurring theme in recent years. On Tuesday, it was revealed that shares of Meta rose one percent, due to an apparently false report that CEO Mark Zuckerberg planned to step down as chief executive in 2023.
Facebook, which in 2021 had 2,740 million users in January, 11.8 percent more than in 2020, for this 2022 report, Mark Zuckerberg’s social network now accumulates 2,910 million, plus 6.2 percent. YouTube and WhatsApp accompany her for another year on the podium.
In this sense, Zuckerberg still brings together most of the social networks with the most users in the world, such as WhatsApp with two billion users, Messenger with 988 million users and Instagram with 1,478 million users.
Goal Actions
This Tuesday an alleged report began to emerge in the technology industry, where an alleged resignation of the CEO of Meta was mentioned.
The information was quickly denied by Meta, and it came as Zuckerberg faces mounting pressure from irate shareholders who have complained about his rampant spending in the metaverse.
The online conversation arose after an outlet called Leak published a report, citing an unnamed source who claimed that Zuckerberg had “decided to step down” next year as the company faced a significant decline in profits.
On the rumor, Meta’s shares rose slightly in early trading after the report came out, closing up 1.4 percent. Recall that Zuckerberg co-founded Facebook and has served as the only CEO in the company’s history.
Speculation about Zuckerberg’s possible departure mounted until Meta spokesman Andy Stone quashed the conversation with a strong denial. “This is false,” Stone tweeted in response to the report.
Meta shareholders have grown restless in recent months, as the company embarked on a costly shift to metaverse technology despite a significant drop in profits and financial headwinds.
Recall that controversy accompanies the technology company, where earlier this month Meta laid off 11,000 workers, or about 13 percent of its workforce, as part of a major cost-cutting campaign. Zuckerberg took the blame for the pink papers, admitting that he had underestimated the extent to which Meta’s revenue would drop during their ongoing struggles.
“Unfortunately, this didn’t turn out the way I had hoped,” Zuckerberg said. “Not only has online commerce returned to previous trends, but the macroeconomic downturn, increased competition, and loss of advertising signals have caused our revenue to be much lower than I expected. I was wrong and I take responsibility for it,” he added.
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