Zuckerberg’s superyacht lands in Seattle as Meta announces big local layoff - The Seattle Times
Earnings
Meta is laying off nearly 1,400 workers in the Seattle/Puget Sound region as part of its ongoing workforce reduction strategy, even as Zuckerberg's superyacht docks in the same city — a PR optics story more than a fundamental shift. The real setup: insiders have been selling heavily (37 sells, 0 buys in 30 days) against a stock near all-time highs, and the layoffs signal continued margin-expansion focus that is already priced into a crowded buy-side consensus.
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↓ SHORT-7% target+4% stop3-5 weeks
Fade META near $610 — 37 insider sells with zero buys in 30 days, crowded SB consensus, and layoff-driven margin story already priced in.