The decline in META stock highlights the challenges facing the company as it navigates slowing advertising revenue, regulatory pressures, and rising operational costs.
The challenge for modern football clubs lies in maximizing revenue while facing limitations in sponsorships and merchandise sales, leading some to cut costs instead.
Accenture CEO Julie Sweet noted that the recent cost-cutting measures initiated by DOGE have begun to hamper the consulting firm's revenues and procurement processes.
Federal agencies have until March 7 to submit reviews of their existing contracts with 10 major firms, focusing on cost-cutting efforts amidst fraud prevention.