As of: February 6, 2024, 4:13 p.m
By: Kathrin Reikowski
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Meta issues a risk warning in its annual report: Business operations could be affected if something happens to Zuckerberg.
Menlo Park/California - “If Mr. Zuckerberg is unavailable for any reason, this could have a material adverse impact on our business,” writes Meta in the 2023 financial report, which was published at the end of January 2024.
And with this, the group is issuing a warning to all investors for the first time, which relates to the health and integrity of the boss: “The loss of one or more of our key employees or our failure to attract and retain additional highly qualified personnel in the future could harm our business damage."
Zuckerberg made the headlines last year with his martial arts hobby: because Tesla and X CEO Elon Musk challenged him to a cage fight.
In November, Zuckerberg tore his cruciate ligament and the fight has not yet taken place.
Meta: “Risk of serious injury and death”
“We are currently dependent on the continued services and performance of our key people, including Mark Zuckerberg,” explains Meta somewhat prosaically.
Why such a warning was apparently advocated: It's about the hobbies and leisure activities of the Meta-CEO and Facebook founder.
Meta writes: "Mr. Zuckerberg and certain other members of management participate in a variety of high-risk activities, such as martial arts, extreme sports and recreational aviation, which involve the risk of serious injury and death."
Meta describes in detail the impact of a possible violation or worse to shareholders: “Mark Zuckerberg, our founder, chairman and CEO, is able to exercise voting rights with respect to the majority of the voting rights of our outstanding share capital and therefore has the opportunity to to control the outcome of all matters submitted for approval to our shareholders.”
Meta warns of a shortage of skilled workers due to restrictive immigration rules
Another risk assessment from Meta reads like a warning to US policymakers: “In addition, restrictive immigration policies or legal or regulatory developments related to immigration may affect our efforts to attract and hire new personnel and to retain our existing personnel. have a negative impact.” In the USA, migrants have become a bone of contention between Republicans and Democrats.
In the election year of 2024, there is particularly a lot of populism and heated sentiment around 150,000 migrants in New York.
The Facebook founder himself seems to take the risk warnings surrounding himself with humor.
On social media, he responded to an article about the new meta assessments with a GIF and wrote: “High risk, high honors.” (kat)