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Re:Meta reportedly plans more job cuts by givemeethekeys on Tuesday February 14, 2023 @02:23AM (#34786464)
Stock goes up when costs are reduced. If there's a major outage due to structural weakness (as a result of layoffs), then the stock crashes down.
Re:Meta reportedly plans more job cuts by andirk on Tuesday February 14, 2023 @02:33AM (#34786520)
Board members who are at the whims of the holders of their stonks will ebb and flow with the wishes of those who need more ROI during an oncoming recession. Another way to put it: a lot more people will be laid off and that will continue until the underlying product is harmed. But what is the underlying product? Besides sharing photos on Instagram, I don't personally hear or know about any mass adoption of Meta wares.
Re:Meta reportedly plans more job cuts by zingar on Tuesday February 14, 2023 @02:39AM (#34786560)
Is WhatsApp not on your list of mass adoption?
Re:Meta reportedly plans more job cuts by HDThoreaun on Tuesday February 14, 2023 @10:51AM (#34791080)
Mark is the board, he can do whatever he wants.