Facebook

Out of context: Reply #412

  • Started
  • Last post
  • 419 Responses
  • Continuity4

    'Facebook’s parent Meta prepares to slash thousands of jobs – reports

    Layoffs come after $80bn wiped off company’s market value last month amid global economic downturn'

    https://www.theguardian.com/tech…

    'Zuckerberg said the company’s focus would be on the artificial intelligence powering recommendations for Instagram Reels, advertising and its metaverse exploration.'

    So, the whole metaverse thing is what's making FB haemorrhage money. No-one cares about it, and the android's solution is to pour more into it. And brands are hardly bothering to fork out for a media spend on FB anymore.

    He's a fucking idiot. I really can't see FB surviving for much longer, and good riddance to it, too.

    Continuity 4Permalink
    UpvoteDownvote
    Flag
    • $8palimpsest
    • Check your faxContinuity
    • who is going to hire all these people?sted
    • #OneTeampablo28
    • #GetJobMoranutopian
    • If they'd only slash my account so I didn't have to delete it myselfkaiyohtee
    • the only reason why this sucker is still going is because they were lucky to snap up Instagram & Whatsapp. They're keeping facebook (Meta) afloat.NBQ00
    • Ebb and flow.shapesalad
    • If they rebrand as Friends Reunited, the circle is complete.fadein11
    • Before we write Facebook's epitaph, the layoffs are 13%. Bad, but hardly a death knell.CyBrainX
    Show [[ numHiddenNotes ]] more notesAdd Note
    SaveCancel

View thread