Meta Continues Slide in Q3 2022 Amid Calls for Cuts in Headcount, Metaverse Investments

The third quarter of 2022 was another disappointing three-month period for Meta, as Facebook’s parent company posted revenue of $27.71 billion, down 4% from $29.01 billion in the third quarter of 2021. While the company’s revenue for the quarter slightly exceeded projections of $27.38 billion from Refinitiv and $27.4 billion from Investopedia, that did little…

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