Facebook is the world’s largest social media platform. However, despite meteoric growth over the last decade, it’s now facing a litany of challenges.
Facebook’s stock price has crashed—taking Mark Zuckerberg’s net worth down by $71 billion in the process—it’s poised to lay off thousands of employees, its metaverse product is being used by hardly anyone, and just last week, Meta (Facebook’s parent company) was hit with the largest campaign finance violation in American history.
