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A comment on Meta lays off 11,000 people. Parent comment

Re:Meta lays off 11,000 people by sithlord on Wednesday November 09, 2022 @01:08PM (#33535544)
To be fair, to "lose" billions of dollars. Really means putting that money into the economy without any immediate return. Which kinda sounds like a good thing?
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Re:Meta lays off 11,000 people by Yhippa on Wednesday November 09, 2022 @02:02PM (#33536329)
Inefficient allocation of capital doesn't sound like a good thing to me.
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Re:Meta lays off 11,000 people by tiagod on Sunday November 13, 2022 @10:20AM (#33583811)
Maybe it wasn't so well allocated if it was gone this fast.
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Re:Meta lays off 11,000 people by abdabab on Wednesday November 09, 2022 @04:55PM (#33538499)
When the valuation drops those money just evaporates. They don’t go into economy.
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