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Re:Meta lays off 11,000 people by adam_arthur on Wednesday November 09, 2022 @04:26PM (#33538092)
Those stats are for now, not then. Good try though

And they are vaporizing all of their FCF by reinvesting into the metaverse. Or were until the stock continued to collapse.

It’s fair value here if you assume the metaverse is actually something they can monetize in a big way. Too far off for most investors

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