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Slate Technology

What Next TBD: What's Going on at Meta?

Slate Technology

Slate

Society & Culture, Technology, History

4.6636 Ratings

🗓️ 7 May 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Meta’s reached a sort of mid-life crisis. Between the layoffs, the stagnant metaverse and Facebook’s dwindling profile, does Zuckerberg have a plan here? Guests:  Naomi Nix, Washington Post reporter If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I made you think you was real.

0:02.0

My name is Caden Sinclair.

0:04.0

Some people call us American royalty.

0:06.0

We were Liars.

0:08.0

A new series on Prime Video.

0:10.0

We were happy. We wanted for nothing.

0:12.0

Based on the best-selling novel.

0:15.0

Something terrible happened last summer,

0:17.0

and I have no memory of what or who hurt me.

0:20.0

No one in my family will tell me.

0:22.7

When you're left for dead, you want answers. We were liars. New series, watch now, only on

0:28.9

Prime Video. Back in March, Mark Zuckerberg held a meeting with his employees.

0:43.4

It was an hour-long town hall, a chance for people at META to ask questions of their boss.

0:46.9

So I think it's important to remember the context here.

0:53.1

That's Naomi Nix, who covers social media for the Washington Post.

0:58.7

Mark Zuckerberg had just announced that the company would be doing another round of layoffs slashing up to 10,000 jobs, and that was just a few months after they had already

1:05.6

slashed 11,000 workers.

1:08.4

So employees were understandably anxious, and so was Zuckerberg, according to Naomi's reporting.

1:15.2

He's getting a lot of questions from employees that are essentially, you know, asking him,

1:21.5

how can we trust you? How can we trust your leadership after multiple rounds of layoffs?

1:30.2

And Mark had a kind of answer.

1:35.3

You know, he essentially said, look, that's a fair question. I completely understand why you're asking that question. You know, ultimately, I think the plan that the company has in place

...

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