shrink

Mark Zuckerberg warns many teams will ‘shrink’ as Meta revenue drops

Mark Zuckerberg warns many teams will ‘shrink’ as Meta revenue drops

Meta CEO Mark Zuckerberg said Wednesday that he expects to trim the workforce at the parent of Facebook and Instagram after announcing the first-ever decline in revenue. “This is a period that demands more intensity and I expect us to get more done with fewer resources,” Zuckerberg told analysts. The Facebook founder said that because …

Mark Zuckerberg warns many teams will ‘shrink’ as Meta revenue drops Read More »

'Shrinkflation' accelerates globally as manufacturers quietly shrink package sizes

‘Shrinkflation’ accelerates globally as manufacturers quietly shrink package sizes

Bottles of Gatorade are pictured in Glenside, Pa. on Monday. PepsiCo recently began phasing out the 32-ounce Gatorade bottles in favor of 28-ounce ones, which are tapered in the middle to make it easier to hold them. The changeover has been in the works for years and isn’t related to the current economic climate, PepsiCo …

‘Shrinkflation’ accelerates globally as manufacturers quietly shrink package sizes Read More »