nixCraft 🐧 on Nostr: In 2023, Meta (the parent of FB/IG/WhatsApp) made 134 billion US dollars. It is ...

In 2023, Meta (the parent of FB/IG/WhatsApp) made 134 billion US dollars. It is projected to make around 158 billion US dollars in 2024. Yet CEO Mark Zuckerberg declared 2023 the 'year of efficiency' and will fire people until morals improve. It is all about profit and stupid AI now. Who cares if people lose their health care and other benefits despite a company making record-breaking profits?

https://www.theverge.com/2024/10/16/24272195/meta-layoffs-whatsapp-instagram-reality-labs

https://fortune.com/2024/10/17/meta-staff-layoffs-meal-credits/