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home / articles / meta pulls plug on enterprise communication tool wor mwn benzinga


TECH - Meta Pulls Plug On Enterprise Communication Tool Workspace After 10 Years | Benzinga

Meta Platforms Inc (NASDAQ:META) is shutting down Workplace, a version of Facebook tailored for business communication and team collaboration.

Meta plans to maintain normal operations on Workplace until the start of September 2025, followed by a read-only mode until May 2026, before decommissioning the service completely, reported TechCrunch.

Facebook once harbored aspirations to dominate enterprise communication, but Meta, its parent company, is now closing a significant chapter in that narrative. 

The report further mentioned the decision comes after Workplace’s ten-year stint, during which it aimed to introduce a new revenue stream for Facebook. However, it struggled to compete with ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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