Meta promised $1 billion for housing. Then it quietly walked away - Stock Watch Index

Meta promised $1 billion for housing. Then it quietly walked away

May 20, 2025

CEO of Meta, Mark Zuckerberg (C) attends the inauguration ceremony where Donald Trump will sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. (Photo by Kenny HOLSTON / POOL / AFP) (Photo by KENNY HOLSTON/POOL/AFP via Getty Images)

The pledge has been whittled down significantly as the Silicon Valley tech company has faced layoffs and shifting priorities.

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Originally Published: May 20, 2025 at 11:36 AM PDT

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