Meta's Zuckerberg: 'I Got This Wrong'

The video discusses a major job cut announcement by a company, attributed to Mark Zuckerberg's decisions. Despite the cuts, investments in the Metaverse continue, which some investors are skeptical about. The company's stock has shown some recovery, but challenges remain due to reduced ad revenue and competition. The future growth potential hinges on the success of the Metaverse, which is expected to take several years.

In what ways might the job cuts impact investor confidence in Meta?

What are the potential long-term effects of the current spending on the Metaverse?