Palihapitiya claims Meta could have stopped at 3,000 employees instead of 90,000 and burning $50B on VR.
“You could have stopped the company at 3,000 people when I left, and it would not have changed the outcome of that company.”
Palihapitiya reports Gallup tracks reports per manager jumped 11 to 12 in one year, fastest in decade
“Every year Gallup measures how many people report to a single manager across the American workforce. The number jumped from 11 to 12 in a single year, the fastest move in the decade they have been tracking it. The driver can be heard on every restructuring call: companies are”