Another shoe may be dropping for Facebook/Meta, and for CEO Mark Zuckerberg, as a key investor in the company speaks out publicly, on behalf of investors, saying that the company needs to dial back its investment in the metaverse and lay off about 20% of its employees.

Some new leaks of palace intrigue from Facebook (now Meta) show that Mark Zuckerberg is becoming increasingly demanding to work for as the company pivots its focus to the Metaverse, which by the way, still does not actually exist.

Facebook's big rebranding reveal came on schedule today, during CEO Mark Zuckerberg's keynote address at the company's annual Connect conference, and the new name for Facebook is Meta.