During the dark days of the pandemic, Meta boss Mark Zuckerberg made hay. With internet users across the world confined to their homes and phones, usage across his platforms — Facebook, Instagram and WhatsApp — soared, and he went on a hiring spree.
Between 2019 and 2022, the UK workforce of the Silicon Valley-based Meta swelled from 2,700 to just over 7,000 in a swashbuckling period of expansion.
• Facebook’s UK arm paid less tax on bigger profit
Then, reality began to bite. In the summer of 2022, as the world entered darker economic times and turbulence hit Meta’s all-important advertising business, Zuckerberg, 40, started to realise that Covid-era growth could not be sustained.
Over the rest of that year, and into 2023, Meta axed
Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike busin
Australia’s pre-eminent international arts festival and a major cultural drawcard At the forefront of artistic innovation and creative excellence fo
Friday 20 December 2024 1:11 pm Share Facebook Share on Facebook
UK Armed Forces will benefit from a new long-term strategic sealift contract supporting the transport of crucial defence equipment and supplies, as well as sus