Exhibit 4 - META - Cost Cutting Initiatives
Date Action
Dec-22 Stopped Planned $342 Million Data Center Expansion in Denmark
Dec-22 Ends Ride Perk for Workers
Dec-22 Looks to Sublease 310k SF London Office
Dec-22 Seeks to Reduce Bay Area Office Space
Dec-22 Moving Out of Two of its New York Offices
Dec-22 Trimmed $1k Off its Health and Wellness Benefits per Employee
Dec-22 Halts $800M Data Center Development in Temple, TX
Dec-22 Freezes Development of $1.5B Alabama Datacenter Pending Redesign
Dec-22 Paused $800M Data Center Development in Kuna, Idaho
Jan-23 Rescinded Some Full-Time Job Offers
Jan-23 Confirms Plans to Vacate Bellevue, WA Leases
Jan-23 Laying off More than 100 Cafeteria Workers
Source: Jefferies, Company Data
Source:
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