A related point would be Meta is exposed to revenue risk as customers pull back from advertising in a recessionary environment. This appears clearly in Meta’s f

A related point would be Meta is exposed to revenue risk as customers pull back from advertising in a recessionary environment. This appears clearly in Meta’s financials. An unrelated point would be that layoffs usually target the lowest-performing segment of the workforce and offer legal protection to the company against unlawful termination. Of course not all laid off workers are poor performers but there is obviously a correlation here.