All social platform ad spending will reach $65.31 billion in 2022!

According to YCD news, according to eMarket’s latest forecast, all social platform advertising spending growth will plummet in 2022. Marketers are expected to spend $65.31 billion on social networks this year, a figure that, while up 3.6% from 2021, is down nearly $10 billion from the previous forecast (March 2022) of $74.56 billion. In addition, …

11,000 people! Facebook parent company Meta begins largest layoff in history

YCD received the message-Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history. The job cuts come as Meta confronts a range of challenges to its core business and makes an uncertain and costly bet on pivoting to the metaverse. It …