Meta Platforms: Year Of Efficiency, Meet Year Of AI

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Tero Vesalainen

Meta Platforms (NASDAQ:META) announced 2023 would be its Year of Efficiency after growing its headcount rapidly in the preceding years. Several rounds of layoffs have led to expenses shrinking while revenue growth accelerates. But this efficiency wasn’t merely laying off a

FCF Q1 Q2 Q3 Q4
FY23 $6.91B $10.96B $13.64B $14.2BE
FY22 $8.53B $4.45B $0.17B $5.29B

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