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.

  • @books@lemmy.world
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    2311 months ago

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

    • @stigmata@lemmy.world
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      811 months 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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        211 months 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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          111 months 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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        111 months ago

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