Tue. 01/14 – Could Elon Buy TikTok?
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Meta's Performance Cuts and Databricks' Record Fundraising
This chapter explores Meta's initiative to reduce its workforce by targeting 5% of low performers and adjusting its performance management strategy. It also highlights Databricks' successful fundraising efforts, showcasing its financial strength with a $5 billion debt raise and a $10 billion equity funding round.
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