Zuckeberg’s Meta will layoff thousands of workers this week. Elon Musk has begun firing about half of the workforce of Twitter. Twitter was losing $4 million per day. The layoff of 3500 workers enables Twitter to make about $10 million per day. This makes Twitter (now X) profitable even while paying $1 billion per year on interest for $13 billion in loans.
Meta layoffs will help Meta make money even while burning cash on the Metaverse.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
