S o T o S p e a k | Ep. 937 | The Fall of FAANG
Nov 8th 2022 7:35am EST
It turns out Elon Musk isn’t the only tech sector boss doing mass layoffs… Facing the prospect of a prolonged recession spurred by rampant inflation and rising energy costs, Amazon and Facebook are both poised to let thousands of employees go. With Meta stock down almost 80% and its cash flow down 98%, Mark Zuckerberg […]
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