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CIRCLE WITH A DOT

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  3. Meta is laying off hundreds of workers so they can claim that their revenues are growing despite a whole chain of poor Zucky decisions that resulted in an enormous amount of expenditure on a series of boondoggles that proved to be utterly unprofitable.

Meta is laying off hundreds of workers so they can claim that their revenues are growing despite a whole chain of poor Zucky decisions that resulted in an enormous amount of expenditure on a series of boondoggles that proved to be utterly unprofitable.

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  • the_blackwell_ninja@mastodon.onlineT This user is from outside of this forum
    the_blackwell_ninja@mastodon.onlineT This user is from outside of this forum
    the_blackwell_ninja@mastodon.online
    wrote last edited by
    #1

    Meta is laying off hundreds of workers so they can claim that their revenues are growing despite a whole chain of poor Zucky decisions that resulted in an enormous amount of expenditure on a series of boondoggles that proved to be utterly unprofitable.

    The whole maneuver is such a scam that in any just world Mark would be jailed for fraud. Instead he gets another few million in paper wealth from juicing the stock price while his employees pay for his mistakes.

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    Meta is laying off hundreds of employees as it pours money into AI

    Meta is laying off hundreds of workers across its recruiting, social media, sales, and Reality Labs teams, according to reports from the New York Times and NBC News.

    favicon

    The Verge (www.theverge.com)

    debe@mastodon.nzD indyradio@kafeneio.socialI 2 Replies Last reply
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    • the_blackwell_ninja@mastodon.onlineT the_blackwell_ninja@mastodon.online

      Meta is laying off hundreds of workers so they can claim that their revenues are growing despite a whole chain of poor Zucky decisions that resulted in an enormous amount of expenditure on a series of boondoggles that proved to be utterly unprofitable.

      The whole maneuver is such a scam that in any just world Mark would be jailed for fraud. Instead he gets another few million in paper wealth from juicing the stock price while his employees pay for his mistakes.

      Link Preview Image
      Meta is laying off hundreds of employees as it pours money into AI

      Meta is laying off hundreds of workers across its recruiting, social media, sales, and Reality Labs teams, according to reports from the New York Times and NBC News.

      favicon

      The Verge (www.theverge.com)

      debe@mastodon.nzD This user is from outside of this forum
      debe@mastodon.nzD This user is from outside of this forum
      debe@mastodon.nz
      wrote last edited by
      #2

      @the_blackwell_ninja Yep. That's the truly sad thing about our current system; that so much weight is placed on stock values. It's so empty, meaningless, and just unproductive.

      1 Reply Last reply
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      • the_blackwell_ninja@mastodon.onlineT the_blackwell_ninja@mastodon.online

        Meta is laying off hundreds of workers so they can claim that their revenues are growing despite a whole chain of poor Zucky decisions that resulted in an enormous amount of expenditure on a series of boondoggles that proved to be utterly unprofitable.

        The whole maneuver is such a scam that in any just world Mark would be jailed for fraud. Instead he gets another few million in paper wealth from juicing the stock price while his employees pay for his mistakes.

        Link Preview Image
        Meta is laying off hundreds of employees as it pours money into AI

        Meta is laying off hundreds of workers across its recruiting, social media, sales, and Reality Labs teams, according to reports from the New York Times and NBC News.

        favicon

        The Verge (www.theverge.com)

        indyradio@kafeneio.socialI This user is from outside of this forum
        indyradio@kafeneio.socialI This user is from outside of this forum
        indyradio@kafeneio.social
        wrote last edited by
        #3

        @the_blackwell_ninja The news is their loss in court. They buried it with announcements of their own. Good luck finding the story.

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