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Economy

mahatmakanejeeves

(60,962 posts) Thu Feb 2, 2023, 12:46 PM Feb 2023

Facebook and Meta: how it started; how it's going.

David Weigel Retweeted

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Facebook and Meta: how it started; how it's going. (Original Post) mahatmakanejeeves Feb 2023 OP

With only $40B laying around, how do you expect to pay salaries? cos dem Feb 2023 #1

Users are moving from FB and Instagram to other platforms because of the ads Auggie Feb 2023 #2

Fires 13% of workers but spends 40 billion on self. brush Feb 2023 #3

Any questions? 2naSalit Feb 2023 #4

cos dem

(913 posts)

1. With only $40B laying around, how do you expect to pay salaries?

Reply to mahatmakanejeeves (Original post)

Thu Feb 2, 2023, 12:48 PM

Feb 2023

Auggie

(31,802 posts)

2. Users are moving from FB and Instagram to other platforms because of the ads

Reply to mahatmakanejeeves (Original post)

Thu Feb 2, 2023, 12:49 PM

Feb 2023

There are too many of them. Saw this the other day

brush

(57,518 posts)

3. Fires 13% of workers but spends 40 billion on self.

Reply to mahatmakanejeeves (Original post)

Thu Feb 2, 2023, 12:56 PM

Feb 2023

Hmmmm? But Meta (what a meaningless name) sees nothing wrong with that juxtaposition.

2naSalit

(92,721 posts)

4. Any questions?

Reply to mahatmakanejeeves (Original post)

Thu Feb 2, 2023, 01:18 PM

Feb 2023

The uber wealthy are removing their money from the world economy and stashing it away.

Once it gets sucked up enough, it would be a good time to adopt alternative currencies and make their money toxic and worthless.

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