Meta Plans $2B in Charges to Get Out of Leases in 2023, Already Spent $1.3B in Second Half of 2022

By Vladimir Bosanac The economic realities are hitting one of the world’s largest technology firms. In its third-quarter earnings call earlier this week, Meta announced that on top of a considerable slowdown in hiring, the firm is also expected to spend around $2 billion, or roughly 2 percent of its entire expenses in 2023, in […]