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re: Meta to lay off thousands more just weeks after cutting 11,000 jobs

Posted on 3/8/23 at 11:43 am to
Posted by G&P
Baton Rouge, Louisiana
Member since Aug 2013
1981 posts
Posted on 3/8/23 at 11:43 am to
(no message)
This post was edited on 3/8/23 at 11:44 am
Posted by troyt37
Member since Mar 2008
13348 posts
Posted on 3/8/23 at 11:52 am to
G e t W o k e
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B
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Posted by tadman
Member since Jun 2020
3829 posts
Posted on 3/9/23 at 10:29 am to
quote:

Let's say Black Rock and the WS hegemony decide to "invest" in META and other Big Tech, not based on future earnings ROI but merely based on politics, i.e. ESG.

Couldn't that also move the needle?


It's a possibility. I think that once the share price reflects the value of the core business, it is likely.

One thing you notice about where Blackrock parks their money - it has to be an investment that makes financial sense, so the cycle can continue. A parasite wants a fat host to live off of not a sick host.
This post was edited on 3/9/23 at 10:31 am
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