They messed up Facebook long ago
What would one expect when you base a huge corporation's income on such a unsustainable, pushy and universally disliked way of making money ?...
META (values in millions)
NET INCOME:
LTM: 28,832
2021: 39,370
2020: 29,146
NET CASH:
2019: 9,155
2020: (1325) (negative)
2021: (1089)
LTM: 447
I think they made bad decisions or some error in management, not a blame to the economy because numbers are no so bad...
Yes, this is what I would like to see.
By firing those people you hurt the economy even more.
The amount of ads and the increase from 3 or 4 years ago is crazy. It's all ads and sponsored posts. If they can't make enough money on it they are doomed. Sad face , not really.
Anonymous, 09 Nov 2022Well layoffs, especially towards the end of the year, is one classic way to balance the books ... moreThis. Businesses are still a business, and there to make a profit esepecially this one. One can label reason after reason or excuse after excuse but in the end those are the symptoms or growing pains for the purpose they are headed for. Shame either way.
cyber, 09 Nov 2022mark schuld fire and the rest,so those pathetic facebook lovers will let me rest from their problemsGood thing you have gsma to share your problems. Huh? xD
Anonymous, 09 Nov 2022Reminds me of local banks that "had " to shut down many agencies and lay off ppl , a... moreWell layoffs, especially towards the end of the year, is one classic way to balance the books and look more profitable for shareholders, it's pure capitalism by definition.
finally the trashbook and meta face the issue of data privacy and consumers of the platform have understood how advertisements steal their privacy
Translation. Us rich people created inflation and due to this imaginary inflation that doesn't effect anyone except maybe small town businesses we needed to hold profits with an iron grip so we need to pay less employees so we can keep making more money.
I wonder why he blaim his workers and why he is not taking responsibility on him self.
He should fire him self and leave his chair for someone more competent.
Bet if project cambria fail he will sack another thousdants just because his investments goes wrong and his fault will be translated as fault of people working on project Cambria.
Do people even use fb anymore
Yeah right. Weak market ๐ more like Meta stock market dropped than weak market.
mark schuld fire and the rest,so those pathetic facebook lovers will let me rest from their problems
Mark is "especially sorry". Lol.
Insert Woody Harrelson money gif.
All uselesses appendages like those women in tiktok and their "my day as a worker in tech" will be affected. Anyone of any real value to the company, the people that actually run things, will remain.
What is Facebook ? Anybody know how to use it ?
Tip us
1.7m 126k
RSS
EV
Merch
Log in I forgot my password Sign up