To The Moon

Announcing the new round of layoffs of 10,000 employees, as well as the suspension of 5,000 job openings, and will be reduced to the recruiting team, and will further reduce the technical team in late April, and will also reduce the manpower of the business team in late May. According to the previous layoff, 11,000 large-scale layoffs were announced in November 2022, accounting for 13% of Meta employees.

I think the reason for Meta's layoffs is that the performance continues to suffer losses, and the structure needs to be streamlined and reorganized to achieve Zuckerberg's 2023 "Efficiency Year" as the company's goal. In addition to reducing the operating cost of Meta from streamlining people, it can make Meta operation efficient. The reason for the loss of Meta is the continuous cost of billions of dollars to develop the virtual reality needed to build the digital universe (Virtual Reality and Augmented Reality technology, which created the metaverse, but lost $13.7 billion in the laboratory department that created the metaverse, which is still not enough to let Meta in the current number of layoffs. Stop continuous losses. When the news of the layoffs came out, the internal morale was low, and many employees were worried that if they were laid off, they would not receive this month's bonus. I think the announcement of the layoffs will help investors feel that it is a positive message to have a positive response to Meta's ability to lose money, which will cause investors to regain their confidence in investing in Meta, and investors will see Meta. Being down on the debt to achieve the result of layoffs, investors believe that the performance will soon return to the right track. According to Meta's 2022 financial report, the revenue was $116.6 billion, profit of $23.2 billion, and $863.42 million per share, plus the layoffs of more than 10,000 yuan, you can make Meta Save a lot of expenses, plus the possibility of trying to use the self-developed metauniverse to replace the human hand, so that Meta can use the metauniverse to go to some positions 24 The hours of uninterrupted and not affected by the regional time zone, these are the replacements that were originally needed to be done by hand.

A few days ago, the $SVB Financial Group(SIVB)$ Silicon Valley Bank.us debt incident affected the global stock market and turmoil, and technology stocks were equally affected, but I think the impact on Meta is very short-lived, all because of Meta It is necessary to rely on its own streamlining structure to reduce its own expenses, mainly due to the reduction of income. I suggest that Meta should increase the source of revenue to be better than thin architecture, so that it can be able to cope with more job opportunities.

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