Has Mark Zuckerberg's ‘Year Of Efficiency’ Paid Off For Meta?

On February 3, 2022, Meta Platforms made history. And not the good kind. The Facebook parent company's valuation took the biggest one-day hit on record for the market as privacy concerns and increased competition bashed Meta’s bottom line. In one day, Meta stock lost $230 billion in value. That earnings reaction led CEO Mark Zuckerberg to declare a ‘Year of Efficiency’ and enforce belt tightening measures to get the social media giant back on track. On this episode of Growth Stories, we’re taking a look at Meta’s ‘Year of Efficiency’ and if Zuckerberg’s moves have paid off for investors.