Introduction
Meta Company is one of the world’s largest technology companies. Meta offers a chance to challenge one’s ability through projects and apprenticeship programs that let you earn as you learn. It connects the world through communication and exposure to small and large enterprises. Moreover, its history is evolutionary, with its growth globally while offering various services and creating job opportunities for all levels of learning.
Meta Platform History and Location
Meta started as Facebook, a social network for Harvard students founded by Mark Zuckerberg and his colleagues in 2004 (Haupt, 2021). In 2005, the Company officially became Facebook and added features such as tagging and posting unlimited photos (Wise, 2022). In 2021, Facebook changed its name to Meta to accommodate its acquitted companies. Its headquarters is in Menlo Park, California, with secondary platforms in Ireland that link customers globally (Morton, 2022). In addition, Meta has several other offices in Texas, India, central London, Dubai, Taipei, and Cambridge, Massachusetts, and runs sixteen data centers.
Board Members, Key Executives, and Services Offered in Meta
Key executives include Mark Zuckerberg, the chief executive officer; Javier Olivan, the chief operating officer and Nick Clegg, the president of global affairs (Morton, 2022). The board of directors includes Zuckerberg, Sheryl Sandberg, Peggy Alford, Nancy Killefer, Marc Anderson, and Robert Kimmitt. In recent years Meta has purchased multiple companies such as Instagram, WhatsApp, Oculus VR, beat games, haptic technologies, and significant shares in Jio Platforms (Tatevosian, 2022). Meta offers its services in social networking such as Facebook, Messenger, Meta Quest, Horizon Worlds, Mapillary, Workplace, Portal, Diem, and virtual reality products.
Annual Sales and Reputation
In 2021, the Company’s annual profits grew by thirty-seven percent to a hundred billion dollars compared to a twenty-one percent growth in 2020 (Wise, 2022). Meta might risk losing most of its revenue in 2022 due to apple and google privacy policies and competition from TikTok, YouTube, and apple messenger. The company sales have shrunk by four percent in the last quarter to twenty-seven billion. Its financial rating decreases as investors count losses, and some opt out (Haupt, 2021). Moreover, Zuckerberg, who holds the most Company shares, has seen a plummet in his net worth by close to ninety billion dollars.
Several lawsuits have been filed against Meta, such as the Cambridge Analytica scandal, the Giphy acquisition, and public privacy policy which has seen a decrease in monthly users on Facebook (wise, 2022). Even with such problems, Meta platforms are the third social networking service. Instagram, WhatsApp, and Instagram connect over three billion people every month. Furthermore, these apps offer online products and services marketing while giving gamers a development platform.
Salary Scope, Benefits, and Special Programs for Employees
Meta offers significant internship positions with a high chance of employment after completion. Employment has recently increased by eighty percent, with Salaries ranging from seventy-one thousand to two hundred and eighty thousand dollars annually and hourly pay of fourteen to a hundred dollars (wise, 2022). Entry-level jobs receive a salary of about forty-three thousand dollars plus employee benefits. Employees’ benefits include medical, dental, life, and vision insurance and compensation for physical, mental, and monetary well-being (Morton, 2022). Moreover, other advantages include paid maternity and paternity leave of absence, funded holidays, meals, community trips, gymnasium involvement, paid time off, retirement plans, performance pluses, and operative stock purchase plans.
Conclusion
Career starting needs a firm mentorship program and a suitable environment for growth. It has a winning attitude that has amassed customers by connecting even the furthest places globally. Apart from its excellent employee reviews, Meta offices are located worldwide, creating a diverse workforce. Through criticism, Meta platforms have learned to listen to customers’ needs and customize services, thus amassing global customers and investors, creating admiration for the younger generation.
References
Haupt, J. (2021). Facebook futures: Mark Zuckerberg’s discursive construction of a better world. New Media & Society, 23(2), 237–257. Web.
Morton, C. (2022). The best places to work in 2022, ranked. CBS News. Web.
Tatevosian, P. (2022). Sales fall for the first time in Meta’s history. The Motley Fool. Web.
Wise, Jason. (2022). Meta Platforms Inc statistics 2022: Revenue, users, Acquisitions & Shares. EarthWeb. Web.