Meta Reports Its First-Ever Quarterly Revenue Decline

[unripe_syntax]

https://80.lv/articles/meta-reports-its-first-ever-quarterly-revenue-decline

[herodoturtle]

First we see articles making the HN front page about Facebook copying Tiktok in an attempt to stay relevant, and now this.

Is the writing on the wall?

[Traubenfuchs → herodoturtle]

> hiring freeze

> removing benefits like meta vacation days

> CEO threatens underperformers, requires higher performance for less compensation (stock options tanked)

> desperately and forcefully copies big competitor, alienating a lot of users in the process

Clearly.

[oneoff786 → herodoturtle]

It’s all articles on the same general press releases. The quantity of articles isn’t a great indicator of anything.

[by_the_bay → herodoturtle]

One can only hope