Mark Zuckerberg Reportedly Had Red Eyes and a Weird Excuse at Company-Wide Meeting – Futurism

Uh, what's going on, Mark?Meta-Terse

During a pivotal post-stock selloff meeting, Meta CEO Mark Zuckerberg gave a very bizarre reason for looking like he was,well, about to cry on camera.

AsBloombergreports, a red-eyed Zuckerberg told employees on a company-wide video meeting responding to the companys huge stock drop that if he began crying, it was because hed scratched his cornea.

The strange claim, which may or may not have been an attempt at humor, came amid a historic drop in the companys stock value, which lost a quarter of its value this week due to both a shrinking userbase and a giant projected loss of revenue, prompting investors to sell off their holdings en mass.

Indeed, the current situation at the company formerly known as Facebook seems quite grim with the Meta stock dropping more than $250 billion or 26.4 percent in market value, which is the greatest loss the company has ever seen and the greatest single-day dive in the history of the stock market to boot.

In the face of it all, Zuckerberg implored his employees during the meeting to focus more energy on Instagram Reels to try to respond to the unprecedented level of competition posed by TikTok,Bloomberg reports per an anonymous source.

Facebook has, of course, tried and spectacularly failed to pivot to video before, and its tempting to analyze this advice from Zuckerberg as an attempt to lay blame not on the CEOs poor business decisions but instead on the people who work for him.

Those same employees are often compensated with stock options, so the quarter drop in Metas stock and the massive sell-off could lead to valuable employees leaving the company, another anonymous source toldBloomberg.

Zuckerberg himself also experienced a net worth loss of an eye-reddening $31 billion, theBBC reports though given that hes still one of the worlds richest men and worth a cool $90 billion after the drop, the situation is a lot more dire for his employees than for him personally.

We wont know exactly how bad this is for Facebook or its nascent Metaverse is until the dust settles, but given how much energy and money Zuckerbergs put into this moonshot, lets just say the optics arent great.

READ MORE: Zuckerberg Tells Staff to Focus on Video Products as Metas Stock Plunges [Bloomberg]

More on Meta:Facebooks Top VR Expert Seems Pretty Annoyed by Metaverse Push

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Mark Zuckerberg Reportedly Had Red Eyes and a Weird Excuse at Company-Wide Meeting - Futurism