Meta is making some major changes to its data center plans

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Meta has taken the lid off its 2022 year-end finances (opens in new tab)discovering a fairly small 1% drop in annual revenue compared to the previous year, at a time when other companies are reporting significant losses.

The company explained a number of decisions it was making to “pursue greater efficiency and realignment [its] business and strategic priorities,” which included a major overhaul of its facilities, involving subleases, early terminations and even the vacating of some of its offices.

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