Meta layoffs could affect 20% or more of the company: sources

[ad_1] Market Closed - Nasdaq 04:00:00 2026-04-16 pm EDT After hours 08:00:00 pm 676.87 USD +0.79% 673.50 -0.50% Published on 03/13/2026 at 08:16 pm EDT Reuters © Reuters - 2026 DurationAuto.2 months3 months6 months9 months1 year2 years5 years10 yearsMax.PeriodDayWeek Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.9%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.58 billion daily active applyrs in 2025); - sale of virtual and augmented reality products, software and devices (1.1%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (98.7%) and other (1.3%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia/Pacific (26.8%), Europe (23.2%) and other (10.8%). Trader TraderThis super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommfinish that you carefully review the associated descriptions.Investor InvestorThis super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommfinish that you carefully review the associated descriptions.Global GlobalThis composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommfinish that you carefully review the associated descriptions.Quality QualityThis composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommfinish that you carefully read the associated descriptions.ESG MSCI ESG MSCIThe MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its indusattempt peers. Companies are rated from CCC (laggard) to AAA (leader). This rating supports investors incorporate sustainability risks and opportunities into their investment decisions.SellBuyLast Close Price676.87USDAverage tarreceive price855.93USDSpread / Average Tarreceive+26.45%Quarterly revenue - Rate of surpriseOUR EXPERTS ARE HERE FOR YOUMonday - Friday 9am-12pm / 2pm-6pm GMT + 1 Stock quotes are provided by Factset, Morningstar and S&P Capital IQ Select your editionAll financial news and data tailored to specific counattempt editions [ad_2] Source link