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is marc zuckerberg stepping down from facebook /meta ?
earlier this year , facebook / meta announced that around 11,000 employees and contractors would be leaving the firm
now there are rumours from insiders that the founder , marc zuckerberg would be stepping down in 2023
there are many controversies involving cambridge analytica , the whistleblowers which have said that the insiders knew about having thin models on the pages and chose profitability over ethics and mental well being
also the us lawmakers have alleged that facebook exaggerates it’s customer count , and so should not be eligible for the premium price on it’s advertising revenue and therefore the share price is too high and needs correction
facebook share price has dropped from 400 in Oct 2021 to around 110 in Dec 2022