Zuckerberg and Facebook Are Sitting on Gold. They Need to Mine It.

Nothing is going well for Mark Zuckerberg and Facebook, known now as Meta Platforms (META) .

On Sept,29, during Meta’s weekly Q&A session, the billionaire informed employees that the company was entering an era marked by lackluster growth.

“For the first 18 years of the company, we basically grew quickly basically every year, and then more recently our revenue has been flat to slightly down for the first time,” Zuckerberg said.

Meta will also reduce its workforce for the first time since it was founded in 2004.

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