When opportunity knocks, sometimes it comes dressed as your competitor making a mistake.

Motley Fool Money starts now.

I'm Chris L. Joining me today, Motley Fool's Senior Analyst, Jason Moser.

Happy Monday.

Happy Monday, as everything.

Things going okay.

You sound on the fence there.

But then again, you and I don't work at Meta Platforms.

Yes, that's true.

And the reason I say that is because on Sunday, the Wall Street Journal reported that Meta

Platforms is preparing to start quote large-scale layoffs as early as this week affecting thousands

of employees and not surprisingly because we see this pretty much every year when a large

company announces layoffs.

This not goes up.

Shares of Meta Platforms up more than 4% this morning.

I guess I'm not all that surprised by this news.

No, I mean, I'm not surprised either.

I mean, I guess it's a little surprising in the sense that when you just go back to

the earnings call recently, I mean, Mark Zuckerberg noted on the call that he said they

expect hiring to slow dramatically going forward and to hold head count roughly flat

next year relative to current levels.

And so this feels like it could be running a little bit counter to that.

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