HomeInvestingVolatilityMeta (META) To Lay Off 11,000 Employees & Musk Sells 19.5M Shares Of Tesla (TSLA)
Meta (META) To Lay Off 11,000 Employees & Musk Sells 19.5M Shares Of Tesla (TSLA)

Meta Platforms (META) is to lay off more than 11,000 employees, or 13% of its staff. Caroline Woods discusses this news, as well as Meta's 2023 expense budget in range of $94B - $100B. She also talks about how Tesla (TSLA) hit its lowest level since May of 2021 yesterday. She then goes over how Elon Musk sold 19.5M shares of Tesla (TSLA) after buying Twitter (TWTR). Tune in to find out more about the stock market today.

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