Meta updates RTO policy with stricter mandate, saying workers may lose their jobs if they don’t show up 3 days a week::Meta, formerly known as Facebook, told employees that its new RTO policy would be enforced by management.

  • stigmata@lemmy.world
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    1 year ago

    “How bad this company is tanking.”

    Y’all are ridiculous. Meta isn’t anywhere near tanking. I don’t know why some of you parrots keep saying this.

    • GenericUsername34@lemmy.world
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      1 year ago

      They lost ~$10b in net income in Q4 '22 and Q1 '23 so definitely a company in some level of distress, but Q2 saw them ~$7.5b in the black.

      • stigmata@lemmy.world
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        1 year ago

        What? They make billions in profit every quarter and have been for a long time. Meta isn’t anywhere near being in trouble.

    • books@lemmy.world
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      1 year ago

      Sorry should have been more clear. Facebook is tanking. Obviously meta as an org is fine.