Early Facebook investor says Zuckerberg isn’t cutting costs fast enough

Jim Breyer, one of Facebook’s earliest investors, believes that Meta isn’t cutting costs fast enough amid the company slated to report its third consecutive quarterly revenue decline.

“My view is over the next 24 months there will be a big rebound,” said the founder of Breyer Capital on Thursday during an interview with CNBC. “But they’re gonna be under a lot of pressure for the next 12 months, and they’re not cutting costs fast enough, in my…