Meta's "Year of Efficiency" Is Everything That's Wrong With Big Tech
Forget innovation; just fire employees
In September 2021, Mark Zuckerberg stood amongst an elite group of ultra-wealthy individuals, with only Jeff Bezos and Bill Gates in front of him in the queue. Facebook’s shares had hit a high of $382, and his wealth — well, not paper wealth, of course — had ballooned to $142 billion.
But then, Mark Zuckerberg had a catastrophic 2022.
After the rebrand …