Meta reports $2.4B in charges related to legal proceedings in Q2 and $1.18B in severance expenses in connection with the May 2026 layoff of about 8,000 staff (Todd Spangler/Variety)
Todd Spangler / Variety: Meta reports $2.4B in charges related to legal proceedings in Q2 and $1.18B in severance expenses in connection with the May 2026 layoff of about 8,000 staff — The company, the parent of Facebook and Instagram, said it took “$2.4 billion charges related t
Todd Spangler / Variety: Meta reports $2.4B in charges related to legal proceedings in Q2 and $1.18B in severance expenses in connection with the May 2026 layoff of about 8,000 staff — The company, the parent of Facebook and Instagram, said it took “$2.4 billion charges related t
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