Has Mark Zuckerberg's 'Year Of Efficiency' Paid Off For Meta?
Update: 2023-09-28
Description
On February 3, 2022, Meta Platforms (META) made history. The Facebook parent company's valuation took the biggest one-day hit on record for the market as privacy concerns and increased competition bashed Meta stock's bottom line. That earnings reaction led CEO Mark Zuckerberg to declare a 'Year of Efficiency' and enforce belt tightening measures to get the social media giant back on track. On this episode of Growth Stories, we take a look at Meta's 'Year of Efficiency' and if Zuckerberg's moves have paid off for investors.
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