Raving aside
The tail of the article shows that Meta's attempted pivot isn't guaranteed to succeed. The cracks are clearly showing, as declining markets shine a bright light on the losse, er INVESTMENT, the company has been making. The leadership clearly lacks any grasp or vision of what they need to build, and the desperate posts offering position for people with a clue are going vacant. Their only hope at this point is acquiring someone that is on the right track, which it tricky when the person holding the check book clear hasn't a clue. Zuck can flog his team as hard as he want's but he's pointing them toward a random spot on the horizon. Whatever they are building will need to be scrapped at the end of the day.
The other question is will they tank the rest of the industries hopes along the way. That is a real peril for any acquired companies or teams to, look at how effectively they strangled Occulus. They wen't from market leader to pushing noting but cut rate garbage that required a Facebook login to use. Were it not for stumbles at HTC/Valve they would be out of the game entirely already. Now Zuck is slowing the tap of subsidized hardware, but the entire (and still small) market has to build to support the middle of the pack, so that means that everyone will have to be less aggressive in their designs to allow the low end Facehugger headsets to keep up.
Same for pushing a different vision for the core experiences. Suckerberg's vision won't fly, but if you are to different from it, you might loose out on a share of those sweet billions he's throwing around. So management and investors may see going your own way as unacceptably risky, leading to a lemming march into another industry death spiral. Legless videoconferencing and 90s inspired VR arcades aren't going to matter. Google was closer with Google earth, but their corporate culture ensured that never evolved in a direction that could have fueled a big bang moment for the industry.