this post was submitted on 18 Aug 2023
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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.

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[–] books 37 points 1 year ago (14 children)

Given how bad this company is tanking, I wouldn't be surprised if this was deliberately done to cut payroll.

[–] stigmata 11 points 1 year ago (4 children)

"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 4 points 1 year ago (2 children)

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 2 points 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.

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