Mark Zuckerberg and Facebook Deliver Very Bad News

It is one of the most challenging times in the history of social-media giant Facebook.

META Platforms Inc. (META) - Our Review is not doing well. 

The social-media giant, parent of Facebook, Instagram and WhatsApp, has been sending alarming signals for several months. 

Its market capitalization has dropped by nearly $545 billion since it was ejected from the top 10 most valuable companies. 

Between July and September, the market value of the shares dropped $57.5 billion, or around 15%, during the third quarter, which is about to end.

In recent announcements, Mark Zuckerberg, the CEO of Facebook, has suggested that Meta is facing an impending storm in the short-term, a warning he issued at the end of June. 

Meta will reduce its workforce for the first time since it was founded in 2004,

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