Meta's problems cant be solved by current leadership. Its time for Priscilla Chan to step down as CEO.
Most of us hold meta stock either directly or indirectly. This stock will go the way of cisco, ebay, yahoo if changes are not made and soon!
Nepotism has largely captured large swath of the company. Performance reviews no longer mater in those orgs. pip's are unheard of especially If you share the same ethnicity as your manager - you are often safer than safe. You enjoy large refreshes, fast easy promotions and high performance ratings. In this org, credit often belongs to someone else that cant speak your mother language.
For those not in the protected class. Wondering why they were let go despite exceeded expectations rating. You know why! Do you joke in the same language at lunch with your metamates ? This probably always felt off. You will never be in their tribe. You will never be one of them. Your manager can put you on pip and not think twice. Because you just don't feel like a team player -- because you can't joke with them at lunch.
Innovation is largely dead at meta. the company has been captured by a protected class due to nepotism of low performers that will never ever be pip'd. They are bleeding the company dry both of treasure and IP to give to mother country. Just simply running out the clock waiting for their green card in hopes the latter comes first.