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Powell Spooks Markets, More Job Cuts at Meta

Bloomberg Tech

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Is Meta a Terminal Value in Its Core Business?

Zuckerberg's company is trying to talk up efficiency in particular. The question we're asking is, does meta have a terminal value in its core business? One source described this latest round of layoffs to me as more of a sledgehammer. And I wonder, what's the risk that they lose all of these smart people that are trying to drive this longer term transition so they don't even get there?

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