![]() Haugen joined the company in June 2019 and served on the Civic Integrity team, which focused on the platform's impact on global elections. She says the platform's flaws are detrimental to the safety of children and democracy. In her news interviews and Congressional testimony, Haugen has criticized the company's focus on "angry, polarizing divisive content" as a way to boost engagement and profits. That includes not only the Facebook platform, but also Meta's smaller platforms including Instagram, which is heavily used by teens. Securities & Exchange Commission ( SEC), Wall Street Journal, New York Times, CBS "60 Minutes," and other organizations to show what she says are deep flaws at the giant social network. She has provided a stream of company documents to the U.S. Whistleblower Frances Haugen was a Meta employee until May 2021. 26, 2022, Meta announced its Q3 earnings, its revenue fell by 4% and EPS fell by 49%. On NovemMeta announced it would be laying off 11,000 workers, or 13% of its total workforce.Meta received a $414 million fine from EU regulators who ruled that on Januthat the company illegally forced users to accept data collection.It began trading under the ticker META on June 9, 2022. In early October, former Meta employee and whistleblower Frances Haugen testified before Congress, alleging that Meta's Facebook platform is detrimental to the safety of children and democracy. ![]() Meta earned $39.4 billion in net income on $117.9 billion of revenue in FY 2021. ![]()
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