Meta Lays Off 11,000 Workers After Stock Slides Nearly 20%

@wshwe: Well he personally, (in one way or another) owns 55% of the shares.... and it is hard for the Federal Trade Commission to do anything actually. If he only had a minority stake or was insider trading, or just about anything else... they could. But your right, the whole Idea of a corporation, was that countries could hold them accountable, could set rules and regulations. But that idea has mutated into what is now, more powerful then religion. Also paying almost no taxes. It is insanity. The idea of laying people off, would increase corporate shares is actually new, and would not be a thing back in the pre 80s and 90s.

As consumers, we can simply... not drink the kool aide. I cut Facebook in 2012 after several security breaches and do not miss it at all. And the people that are still left on there.... makes me miss it even less. The biggest message the world can send old Zuck, is .... take your Meta and Zuck off.

When you work at a company that actually produces nothing, it is a mass media of ... .social media. The content or direction is AT the whims of its board of directors... well in this case, a board of Zuck. So those workers, well they kinda knew when they signed on, it was gonna be a bumpy ride, and nothing is guranteed.

@wshwe: he could close up shop and fire them all he owes them nothing but what the law allows. Shareholders on the other hand may have something to say about his performance.

@wshwe: i thought the same thing, he makes stupid decisions and who pays the price? not him of course