3 ms·
Homie this isn't a fuck up. It's what shareholders want and it is awful. These 11k employees are not a threat to facebooks existence. Not even close. If that w
by roflyear 4y ago
Homie this isn't a fuck up. It's what shareholders want and it is awful.
These 11k employees are not a threat to facebooks existence. Not even close. If that was the case FB stock would be tanking.
FB is pulling in record profits. They just are getting a little nervous and they are laying people off. It is ridiculous.
- falcolas 4y agoI don't necessarily disagree with you, and we will see FB's stock bumping back up again now that Zuck's make the "hard decision" to lay off employees.
- roflyear 4y agoYeah. Up 7%! when the SPY is down 1%. Wild.
- disgruntledphd2 4y agoTo be fair, up till this point, Metas PE ratio was half that of Google.