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Meta Executive Warns of ‘Fierce’ Headwinds

By
Sylvia Varnham O'Regan
· · Source: Reuters

Meta’s Chief Product Officer has warned employees of lean times ahead as the company struggles with slowing advertising revenue and macroeconomic pressures. In an internal memo viewed by Reuters, Chris Cox said the company was in “serious times,” adding that “the headwinds are fierce.” “We need to execute flawlessly in an environment of slower growth, where teams should not expect vast...

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