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09-11-2022, 12:15 PM | #1 | |||
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self-oscillating
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Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce.
The first mass lay-offs in the firm's history will result in 11,000 employees, from a worldwide headcount of 87,000, losing their jobs. Meta chief executive Mark Zuckerberg said the cuts were "the most difficult changes we've made in Meta's history". The news follows major lay-offs at Twitter, which cut about half its staff, and other tech firms. "I know this is tough for everyone, and I'm especially sorry to those impacted," he wrote in a statement. Mr Zuckerberg blamed massive long-term expectations for growth based on the firm's rise in revenue during the pandemic. "Many people predicted this would be a permanent acceleration," he wrote, "I did too, so I made the decision to significantly increase our investments." Instead he said "macroeconomic downturn" and "increased competition" caused revenue to be much lower than expected "I got this wrong, and I take responsibility for that," he said. The announcement of job cuts was widely expected. Mr Zuckerberg told hundreds of Meta executives of the plans on Tuesday, the Wall Street Journal reported. https://www.bbc.co.uk/news/technology-63568585 |
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09-11-2022, 12:21 PM | #2 | |||
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Senior Member
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This is due to his, so far, Failed Meta
to take off. "2nd Life" had the same thing without the VR head sets. https://www.bbc.co.uk/news/technology-63568585 [The first mass lay-offs in the firm's history will result in 11,000 employees, from a worldwide headcount of 87,000, losing their jobs. Meta chief executive Mark Zuckerberg said the cuts were "the most difficult changes we've made in Meta's history".] Last edited by arista; 09-11-2022 at 12:23 PM. |
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09-11-2022, 12:59 PM | #3 | |||
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self-oscillating
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he isn't wrong, the future is in a flexible virtual world. It will just take a while to get the uptake
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09-11-2022, 01:58 PM | #4 | |||
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I Love my brick
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around 390 jobs in Ireland they think
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Spoiler: |
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09-11-2022, 05:55 PM | #5 | |||
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Senior Member
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Quote:
It always amazes how the super rich and supposedly intelligent can devise some stupid bl**dy things. |
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09-11-2022, 06:00 PM | #6 | |||
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This Witch doesn't burn
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No idea what the meta verse was supposed to be about why would you walk a virtual dog if you had a real one at home, after the pandemic people want familiarity, it’s not the time to throw us into something so out there
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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09-11-2022, 06:06 PM | #7 | |||
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self-oscillating
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the meta verse can be anything, thats the point of it
They are selling real estate on there now, someone paid more than 1 million for a plot recently. You can go watch a band play, watch a comedy show. Go look at retailers goods etc. It's basically anything |
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09-11-2022, 06:15 PM | #8 | |||
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This Witch doesn't burn
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Sounds like Habbo hotel on steroids
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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09-11-2022, 06:22 PM | #9 | |||
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POW! BLAM!
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So it's basically like actual life?
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09-11-2022, 06:32 PM | #10 | |||
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self-oscillating
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10-11-2022, 12:02 AM | #11 | |||
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Senior Member
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The problem with Meta Women (their Avatars) have been assaulted. 2nd Life had problems like that (Like Meta without VR gear) I went onto a Lesbian Island to check it all out, a Lady with a Magic Stick sent me into a Black Void. So I had to restart it. https://en.wikipedia.org/wiki/Second_Life Last edited by arista; 10-11-2022 at 12:07 AM. |
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10-11-2022, 06:41 AM | #12 | |||
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POW! BLAM!
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So it's basically like real life?
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10-11-2022, 07:25 AM | #13 | |||
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self-oscillating
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