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 ==Management & Culture==
-March 14, 2022. Meta announced that it will layoff 10,000 employees and close 5,000 open jobs that have not been hired. Due to the upcoming layoffs, the company adjusted its 2023 total expenses from $89-95 billion previously to be in the range of $86-92 billion. The company also highlighted some of its vision, culture and operating philosophy, which include; building a better technology company, improving business performance in a difficult economic environment and looking ahead<ref>https://capedge.com/filing/1326801/0001326801-23-000035/META-8K/file/2
+March 14, 2023. Meta announced that it will layoff 10,000 employees and close 5,000 open jobs that have not been hired. Due to the upcoming layoffs, the company adjusted its 2023 total expenses from $89-95 billion previously to be in the range of $86-92 billion. The company also highlighted some of its vision, culture and operating philosophy, which include; building a better technology company, improving business performance in a difficult economic environment and looking ahead<ref>https://capedge.com/filing/1326801/0001326801-23-000035/META-8K/file/2
 https://discord.com/channels/978370501237932092/980167450182168606/1085192022064906311</ref>.
 The Leadership Team was shaken up in 2021 when Mark Zuckerberg announced the Namechange to Meta. Long Serving COO [[wikipedia:Sheryl_Sandberg|Sheryl Sandberg]] as well as CTO Mike Schroepfer left the company. More in [https://discord.com/channels/978370501237932092/980167450182168606/1054678887197573120 Discord]
 ==Competition==