Meta's Oversight Board Prepares for Layoffs, Washington Post Reports
--Meta's company-funded oversight body is planning to trim its workforce, a downsizing effort that could affect the board's ability to police the world's largest social media network, the Washington posts reports.
--Meta's Oversight Board told some employees last week that their jobs were at risk of being cut, according to people familiar with the matter who spoke to the Washington Post on the condition of anonymity to discuss internal matters.
--The job eliminations probably will add to challenges facing the Oversight Board at a time when it has faced criticism for moving too slowly and cautiously to issue decisions and opinions that significantly shape how Meta handles contentious free speech debates.
--The cuts could affect the Oversight Board's longtime quest to be considered a viable model of governance for the social media industry in the eyes of regulators, civil society groups and the general public.
Full article at https://www.washingtonpost.com/technology/2024/04/29/meta-oversight-board-layoffs/
Write to Chris Wack, chris.wack@wsj.com
(END) Dow Jones Newswires
April 29, 2024 08:21 ET (12:21 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
5 Stocks to Buy While They’re Trading at Big Discounts
-
Markets Brief: Tech Stocks Lead Ahead of Nvidia Earnings
-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
JPMorgan Investor Day: CEO Dimon Pushes Against More Stock Buybacks at Current Prices
-
Should You Buy and Hold an Artificial Intelligence Portfolio?
-
3 Cheap and Dependable Dividend-Growth Stocks to Buy
-
The Best Bank Stocks to Buy
-
After Earnings, Is Roblox Stock a Buy, Sell, or Fairly Valued?
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business