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Meta Is Shuttering Workplace, Its Enterprise Version of Facebook
(Bloomberg) -- Meta Platforms Inc. is shutting down Workplace, the enterprise version of Facebook that it once hoped might rival Slack and other office productivity tools. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsMacron Puts French Banks in Play With Plan to Transform EuropeFive Under-the-Radar Billionaires Making Vast Fortunes in Modi's IndiaFlood of China Used Cooking Oil Spurs Call to Hik
(Bloomberg) -- Meta Platforms Inc. is shutting down Workplace, the enterprise version of Facebook that it once hoped might rival Slack and other office productivity tools. The company said it will help existing customers transition to Zoom Video Communications Inc.’s Workvivo product, a similar enterprise-focused social network, over the next few years. Meta once had ambitious plans for Workplace, and viewed it as a way to make money through subscriptions as well as a chance to extend Facebook’s reach by infusing the product into work and office settings.
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