Evil Empires collapsing? Report: Meta (Facebook) announcing "large scale lay-offs" Monday as Stock Value Tanks Over 70%

Hotair ^ | 11/06/2022 | Beege Welborn

[SaveFerris]

Excellent

[bigbob]

Let’s start the rumor that with Facebook stock tanking, Elon Musk is looking at buying it too. Maximized liberal angst!

[Brian Griffin]

$622 billion

Advertising isn’t worth that much.

Probably less than 5% of Walmart purchases are advertising sourced.

Probably less than 10% of Amazon purchases are third-party advertising sourced.

[lee martell]

If Zuck continues spending billions on Meta, some on the Board of Directors may want him replaced. He certainly won’t suffer financially. Only his pride will be bruised.

[montag813]

87,000??? Facebook could easily operate at the same level with 8700.

[Blue Highway]

In other news Biden claims unemployment is at the lowest in US history with an unemployment rate of -12%, despite the tens of thousands of layoffs just from Meta alone.

[PGR88]

87,000??? Facebook could easily operate at the same level with 8700.

I saw that and wondered - WTF do all these people do??? The little bit I use Facebook and Instragram, I see NO changes or improvements. Everyone I know uses them less and less.

[SunkenCiv]

Ow. Glad I wasn’t holdin’. One year chart:

Meta Platforms Inc - Class A
NASDAQ: META
90.79 USD
-239.42 (-70.70%)

[Organic Panic]

They can all work next to the pipeline workers at the John Kerry Solar Panel Consortium.

[proust]

I may see the day it’s a penny stock. Still overpriced. 🤣

[RedMonqey]

They can learn to code...

Oh, wait! Nevermind.

[vpintheak]

They can stop paying 3rd party “fact checkers” to silence conservatives. That would be a nice place to save money as well. FB shouldn’t be some sort of arbiter of “truth”. We’re all adults here.

[KC_Conspirator]

I find that many employees stunning.

Tons of fat can be trimmed from that company. I am sure there are tons of fact checkers, DEIs, and other worthless jobs there. 87k, mind boggling.

[noiseman]

87,000??? Facebook could easily operate at the same level with 8700.

Yep, you don’t need an army of people to run a simple social media platform, but you do need one to monitor every user’s account for speech that dissents from the ruling regime’s political agenda.

[Gaffer]

Fire all the H1-Bs and notify immigration so they can be deported back to India.

[tired&retired]

Wonderful News....

A small price to pay for betraying the country. Maybe karma is about to bite them in the arse.

[AndyTheBear]

Up until about a month ago I had been getting emails from Meta asking if I’d be interested in working for them....I never responded but they had kept coming . But not in past month or so.

[Mark17]

Let’s start the rumor that with Facebook stock tanking, Elon Musk is looking at buying it too. Maximized liberal angst!

Maybe Musk could offer him $3.98 for Facebook. 🤪😆👍🤗😀

[DannyTN]