Meta will join Twitter with massive layoffs this week

Chuck Zodda and Marc Fanetti discuss the news that Meta is expected to lay off thousands of workers this week. Elon Musk laid off thousands of employees at Twitter last week but might be inviting some of those terminated employees back.Apple is experiencing delays in the production on iPhones due to ongoing Covid 19 restrictions in China. Exports from China have dropped dramatically while global trade is declining rapidly.Berkshire Hathaway suffered a $2.69 billion net loss in the third quarter while operating earnings rose by $1.3 billion from last year. Warren Buffett would prefer you look at those operating earnings.