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It deserves to be called out as a massive failure on leadership's part. Thousands of people are losing their livelihoods and the image of Meta should reflect th
by Ancalagon 4y ago
It deserves to be called out as a massive failure on leadership's part. Thousands of people are losing their livelihoods and the image of Meta should reflect that. What do you mean calling this out has no effect?
- MuffinFlavored 4y ago> It deserves to be called out as a massive failure on leadership's part. There are other comments here that say this is 100% wrong. It's not a failure at all. They did exactly what they should have/continue to do exactly what they should be doing. In COVID, it was time to capitalize on growth. In 5.25% Fed Funds rate time, it's time to shrink. Leadership is executing/has executed both of those plans. > What do you mean calling this out has no effect? What's going to change? You and I and 10,000 people online calling out some random entity we summarize as "leadership" isn't going to change anything going forward. Why waste the energy being mad at random news online that we both sought out/choose to reply to? Miserable way to walk around life.
- pwthornton 4y agoBut did Meta capture anything additional under low interest rates or did they blow billions on Metaverse R&D that never panned out? I heard from someone hired at Google last year that they basically had no work to do. Google kept staffing up, but they didn’t have plans and programs for a lot of these new hires to work on. What were they capturing exactly?