If I had a roommate who spent huge swaths of our monthly budget on house cleaning we didn't need, I might tell them to go find another place to live.
Or to stop stretching metaphors.. The investors should be mad that the layoffs were even necessary.
Or to stop stretching metaphors.. The investors should be mad that the layoffs were even necessary.
Investors are mad to a certain degree for a mishap, but then investors are also happy about something else.
To continue analogy, Zuck has made $10,000 for shareholders and had a mishap of $1000.
How much should Zuck be punished here? I don't have a good answer but it is certainly not firing himself for it.
Also, Zuck controls 61% of the vote for Meta. Investors knew that it was his show when they invested