Mark Zuckerberg's Meta, the parent company of Facebook and Instagram, faced a global outage resulting in an $18 billion loss in value. Additionally, Meta lost roughly $100 million during the two-hour glitch affecting Facebook, Instagram, and Messenger. The outage raised concerns over layoffs and reorganizations within Meta, impacting employees' job security.
Meta's global outage on March 5th left billions disconnected, impacting its finances and CEO Mark Zuckerberg's income by approximately $100 million. The outage, lasting 2 hours, paralleled the 2021 glitch but raised speculation due to its proximity to the EU's Digital Markets Act… https://t.co/rr6B7HttCY
Meta's Facebook Messenger hit with layoffs amid ongoing 'efficiency' push https://t.co/3BvHhdtmv4
Mark Zuckerberg's Meta lost $18 billion in under an hour during global Facebook and Instagram outage yesterday https://t.co/VkzQVTXvss
Layoff angst looms over Meta employees as they face tough performance reviews and ongoing reorgs https://t.co/XbSBTEd8eG
Zuckerberg lost about $100 million during the Facebook/Instagram outage this morning. The world got a little less evil today. https://t.co/21wv72VZwT
Zuckerberg's million dollar outage: Finance expert reveals Meta lost roughly $100 MILLION during two-hour glitch that took down Facebook, Instagram and Messenger https://t.co/JaVFmUaf1G https://t.co/HIFyFziixZ
Did everyone survive Zuck’s big outage over on the other side of the internet today?
Mark Zuckerberg's Meta loses $18 billion in value over global Facebook and Instagram outage https://t.co/VkzQVTY3i0