E158 - What’s going wrong at Meta?
from Take Flight Podcast
In this week’s episode we unpack another tech company who have been in the headlines recently, and that’s Meta.The company have just announced that they will be letting go 11,000 employees which is the largest ever restructuring.Meta have reported their first sales decline in their 18 years, their valuation has dropped by 70%, and shareholders are starting to lose faith in their core business model as the company are facing unprecedented times to turn things around.Tune in as we help you understand why, what’s going on and our predictions for the Meta business in the long term.Aʟʟ ᴠɪᴇᴡs ᴀʀᴇ ᴏᴜʀ ᴏᴡɴIf you have any feedback or any topics you'd like us to discuss on the show, DM us on Instagram @takeflightpodcast. Please also subscribe and leave a review on whichever platform you are listening on too (we are now on Youtube).------Important Information: This podcast is for information purposes only. Matters discussed are not intended to provide and should not be relied on as investment, accounting, legal or tax advice or recommendation. The views and opinions presented are those of the four podcasters (and/or any guests) and these may change.We advise that you seek and/or obtain independent professional advice in relation to your personal circumstances.
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