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A comment on Meta has started its latest round of layoffs, focusing on business groups. Parent comment

Re:Meta has started its latest round of layoffs, focusing on... by mrguyorama on Wednesday May 24, 2023 @01:46PM (#36061633)
That box of cereal you buy at the grocery store for $5 does not cost $5 to manufacture, not even close. A shitload of money goes into advertising, and Google and Facebook own that entire industry nowadays, or near enough. They are basically collecting a tax on all commerce.
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Re:Meta has started its latest round of layoffs, focusing on... by robertlagrant on Wednesday May 24, 2023 @03:56PM (#36063159)
No, sure, I know, although I think the logistics and the store's staff and premises are the big contributors to the non-manufacturing costs. It just seems insane that Facebook is able to do that. But I guess that's my fault for never being on Facebook. I don't know what the ad situation is these days.
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