Facebook thought pandemic online shopping would last forever. It didn’t

https://www.washingtonpost.com/technology/2022/11/10/meta-ecommerce-boom-stalls/

Meta chief executive Mark Zuckerberg made a startling admission on Wednesday during a private Zoom call for the 11,000 workers his company had just laid off: They were losing their jobs partly because he overestimated the staying power of the pandemic’s e-commerce boom.

Hmm. Sounds familiar. :face_with_monocle: