I suspect Meta has some efficiency problems. Recipe: 1. Start with a hose that shoots out money. 2. Hire a shitload of engineers, really fast. I'm not surpri

I suspect Meta has some efficiency problems. Recipe: 1. Start with a hose that shoots out money. 2. Hire a shitload of engineers, really fast. I'm not surprised that Meta is going through another round of layoffs. The amount of engineering effort that Meta has been spending each year is just off the charts. In that kind of environment, it's easy to lose track of whether you're doing something useful.