CEO Mark Zuckerberg says 2025 could see an even bigger jump in spending. Zuckerberg said in a Facebook post that Meta will spend between $60 billion and $65 billion in capital expenditures in 2025.
MetaCEO Mark Zuckerberg blamed former COO Sheryl ... Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles ...