Speaking of business lines that have no hope of ever being profitable, I'm still waiting them to cancel the metaverse project, but it still looks like Zuck's ego >>> the appearance of future profitability >>> the people who actually make facebook's core competences function.

The more people they lay off while keeping that project going the more alarm bells go off in my head around the long term viability of their stock. It definitely doesn't belong in a pension.

Its fashionable among herd mentality investors now to do noisy lay-offs, but the smart money is probably quietly hiring these days.