[ericlippert]

People are leaving. In droves. There has been a huge exodus of senior talent in the last year. Zuck mentioned that in an earnings call and rather than assigning himself any responsibility said that those people were unregretted attrition and lazy parasites who were just collecting a paycheck during the pandemic. (I am paraphrasing somewhat; you can look it up if you want his exact words.)

Regarding change from within -- that's what a team dedicated to improving decision making is for.

[brazzledazzle]

Why would he ever consider taking responsibility for something when he can't really be held accountable? It should be illegal to take a company public with special voting-only shares.

[killingtime74]

It is illegal on some stock exchanges. You are free to only buy your shares there. Also you are free to buy stocks on exchanges that do allow it but don't have two classes. No one is forcing anyone to buy Meta

[minitoar]

Sorta. Meta is a component of the sp500. It’s pretty difficult to avoid buying that.

[akiselev]

Just go beat the market.

[concordDance]

Buy shares of the other 499?

[minitoar]

It’s also weighted by market cap which makes this a pain to manage.

[anothernewdude]

Actually, you don't even need to go that far, because once you get sufficient coverage of the S&P you're incredibly well correlated.

[rekabis]

> Zuck mentioned that in an earnings call and rather than assigning himself any responsibility said that those people were unregretted attrition and lazy parasites who were just collecting a paycheck during the pandemic.

Wow. What an effective way of encouraging others to leave while discouraging others from applying.

Remember: toxic work environments are reinforced from the top, and the top _only._ Toxic leadership begets toxic work environments, and it looks like Zuck is a right peach in being insufferably toxic.