February 4, 2022

“Facebook, now renamed Meta Platforms, suffered the single biggest crash for any share in stock market history yesterday – wiping out around $200bn (€175bn) of its notional value. […] In what looks like a sign of the times, last year Facebook dropped out of a top 20 of places Irish graduates aspire to work, a first and a big shift for a company that was for most of the last decade a magnet for young, highly skilled, digital economy workers.”

Irish Independent
February 4, 2022

“Facebook has spent the past year in particular fighting damaging rear guard actions to shore up its reputation.

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Reputational risk is a costly  family of long-tailed enterprise perils impairing everything. As we noted earlier, Facebook has been suffering from a reputational crisis for quite some time.

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