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Why would Mark care about appeasing the market? He has a controlling interest in Meta and can’t be fired no matter what the market thinks. You can accuse Meta
by scarface_74 2y ago
Why would Mark care about appeasing the market? He has a controlling interest in Meta and can’t be fired no matter what the market thinks.
You can accuse Meta of a lot of things. But being short term focused is not one.
- apwell23 2y ago> Why would Mark care about appeasing the market? you mean he doesn't care what the meta stock price is ? then I don't have a theory why mark claimed to cut middle management in 'year of efficiency' but didn't actually do it.
- scarface_74 2y agoI can’t find numbers for 2024. But as of the end of 2023, they still have more employees than they did in 2020. https://www.statista.com/statistics/273563/number-of-facebook-employees/ https://www.statista.com/statistics/273563/number-of-faceboo...