Reasons can be many just some ideas: - Probably because they try to avoid needing to given an press statement/explanation to some more official entity. - The

Reasons can be many just some ideas: - Probably because they try to avoid needing to given an press statement/explanation to some more official entity. - The whole meta verse could be going not so grate. - Advertisement might not be going that well for meta either. - Facebook is mostly used by older people and at least where I live most of the people have zombie Facebook accounts (i.e. they have one check in once a week due to family/old people connections and don't use it any further then that, so they might count as active users but are de-facto not) - There had been a lot of whispers going around about people being unhappy about how some of the big tech companies kill competition by buying small startups and then silently dropping them after some time. This can count as not fully legal anti-competitive behavior in some situations so they can't just fire the people they brought, which might have contributed to them overgrowing. - Silicon Valley has IMHO overpaid developers in average (and _only_ in average, and specific to SV) now that they have for years effectively killed most competition in one way or another (bought up, talent starvation, etc.) they might feel that it's time to lower wages for which they first have to get right of many existing contracts. What is better suited for this then a unstable economy where 1) they have an excuse to fire people 2) they can press lower wages because people are frightened and care more about having a ok paying job then potentially getting a greatly paying job. - I feel some of the big tech companies work rather inefficient, sure they do have problems only people at their scale have, but then some small dev teams can sometimes compete with their products if you ignore that (and ignore network effect). - Maybe they want to hide some fishy lay of schemes about not how many but which people they lay of. Potentially outright conflicting with employee protection laws in some states. uh, I guess this are all wild rumors I have, in the end we will have to wait and see.