On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we are ... Mark Zuckerberg Just Told 8,000 Employees Their Layoffs Are a Line Item in His $145 Billion AI Bill
It would take a lot to replace Facebook at this point, not only that but they are into much more then just social media. It would be awesome to see something happen, but even Google failed to beat them.
That being said, I can’t tell you how many times people started a business network, resource, etc on Reddit over the past 15 years. They don’t work, people get bored, people show up for the first few days then forget they exist, etc. It would be awesome to help others get to the point where they could launch and become successful, but it takes time and every on both sides, and most people aren’t willing to do the work either way long term.
I wish I didn’t agree with you, however, I have friends who rail against Facebook constantly and still send me Instagram links and use their meta headsets. Facebook is too ingrained into the social media structure to just easily be replaced. There’s about as much chance of replacing Facebook as Blue sky was at replacing Twitter. No matter how much people hate the people in charge, they’re still going to continue to use their product.
Im in that boat. Only reason im on Instagram is because the only way I can stay in continued contact with my friends and family is through it. If not for that this would be the only social media I would use