Meta corporate headquarters in Menlo Park, Calif. on Nov. 9, 2022. The company announced plans last month will lay off more than 11,000 of its staff in response to a decline in revenue. Josh Edelson/AFP via Getty Images
Josh Edelson/AFP via Getty Images
2022 has been a rocky year for social media companies.
Facebook burned through billions of dollars trying to make the metaverse happen. Elon Musk bought Twitter for $44 billion and plunged the company into chaos, sending advertisers and some power users
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