Fundamental, Research

Big Tech Cost Cuts: META Taking a Page From the Apple Efficiency Playbook

Angelo Zino, CFA, VP Equity Research and Tech Sector Head
15 March 2023


No Big Tech company has announced job cuts more extreme than META in recent months. Similar to revenue per employee expectations, AAPL leads the bunch when looking at GAAP net income per employee, but META is seen rebounding in 2023.

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