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Re:Meta lays off 11,000 people by mysterydip on Wednesday November 09, 2022 @06:45AM (#33530189)
When has there ever been a "permanent acceleration" in revenue growth for any company? Or do I misunderstand what they're saying?
Re:Meta lays off 11,000 people by Retric on Wednesday November 09, 2022 @07:07AM (#33530372)
It’s not unheard of for some outside force to result in surges in profits that last much longer than 2 years. Unfortunately, it can be really hard to tell if say the Among Us surge in popularity from streamers was going to stick around or not. Someone in the company was trying to figure out if it would be an enduring hit like Minecraft or just another fad, and as frequently happens they chose poorly.