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Meta(Facebook) Large Scale Layoff - will boost stock (Patreon)

Published:
2022-11-07 01:52:39
Imported:
2023-01

Content

Hi Team

sorry for last post I got a bad link shared.  I did not check the source. My eyes were tired after 2 DAYS of being awake. Anyhoooo this one is real. 

This will boost the stock tomorrow and hopefully get back to 100+ . Mark Zuckerberg heard Wall St and is taking action - akin to the new Elon Musk Playbook at Twitter - "you can whack half and turn a much higher profit all in a week." 

Files

WSJ News Exclusive | Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week

Meta Platforms Inc. is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be among the largest round in a recent spate of tech job cuts after the industry's rapid growth during the pandemic.

Comments

Anonymous

James, thanks for this. I recognize the likelihood of a near term bounce in META. I continue to struggle with the long term macro impact on all stock PE ratios. I see the upside story of e.g. Tesla - perhaps a great company that is around for a long time (i do own some). BUT - will this macro environment ever let us see high PE ratios? Perhaps a future video on realistic PE ratios for excellent companies that may remain in business for a long time?

Anonymous

Apparently Twitter is recalling part of the layoffs...