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justinmillerco t1_iu2o398 wrote

Usually when a company performs this poorly and erases that much shareholder value you start to hear calls for the CEO to be removed, even if they’re the founder. Why does it seem like this isn’t an option for Meta/Zuckerberg?

The company is burning through billions of cash on a product that doesn’t make money and their ad business is continuing to decline.

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Send_Your_Noods_plz t1_iu2r593 wrote

Hes still a major shareholder, he may be able to threaten selling his stock and tanking the company if they vote to out him.

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