Firing people while you're making record profits. Doesn't get more American than that
Hey investors: Think how much money Facebook could save by firing the CEO that decided to rename the whole company after a failed product.
He renamed Facebook to meta because the leak of Facebook data to Cambridge Analytica and revelations by whistle blower Frances Haugen damaged the Facebook brand.
Fortunately it worked very well for him and we all have a very positive view of meta.
Well, Zuckerberg was so successful with his pivot to the metaverse so why not?
Stop using FaceBook. Problem solved.
And whatsapp and Instagram
They are just AI washing, they got problems and I love it!
The final stage of enshittification in motion.
The thing is, Meta are making more money than ever. Will this continue? At what point will things become unsustainable so that the house of cards collapses?
We could be beyond it. What hasn't happened quite yet are things like failing currencies, but it's entirely possible we are beyond the point of no return. Once the giant ring of investments catches up with itself, the snake eats its own tail, the bottom drops out, and the greatest economic crash the world has ever seen stampedes unfettered through the lives of every person on the planet.
"Are making more money than ever" is a administrative subjective term. Your checks are as balanced as your willing to show in your books.
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