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If you look at his net worth, which is likely to be mostly on paper, it has suffered a lot. I know its a "cry me a river", "worlds smallest violin" type of thi
by mattbrewsbytes 4y ago
If you look at his net worth, which is likely to be mostly on paper, it has suffered a lot. I know its a "cry me a river", "worlds smallest violin" type of thing but for someone at his level that is the material impact. I would imagine someone with empathy will feel horrible about having to do this to 11,000 people's livelihoods. I'm not implying Zuck has or doesn't have empathy, I don't know him. I'm just saying this likely has an impact. It might also have a business impact on future hiring, forecasting, etc. for the company as well. Maybe the pace of funding in the VR BigBet gets pulled back some? We'll know in a couple quarters.
- deleted 4y ago[deleted]
- system2 4y agoThose people knowingly didn't escape the sinking boat and decided to work at Meta. We can say this for every social media platform company and their employees. I'd work at microsoft but not at snapchat or facebook. These apps are just trends and they go away in 10-15 years. They past maturity phase and in decline for the last 5 years already.