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Mark Zuckerberg says economic downturn is here, so Meta must do more with less

by Editor July 28, 2022, 9:08 am 2k Views

Mark Zuckerberg says economic downturn is here, so Meta must do more with less

Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019.

Andrew Caballero-Reynolds | AFP | Getty Images

Meta Platforms CEO Mark Zuckerberg said on the company’s second-quarter earnings call Wednesday that the economy seems to be in a downturn that will hurt digital advertising, so the Facebook parent company must do more with less.

The comments came after Meta, which runs advertising-dependent social…

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