Are people leaving Facebook? It depends, but some young users call it ‘cluttered’ and ‘dated’
A slight decline in daily active Facebook users for the first time in its history, mentioned in parent company Meta Platforms’ earnings report on Wednesday, sent the stock into a nose dive Thursday.
However, looking deeper into the numbers, the decline is not necessarily as dramatic as investors reflected. The losses were greatest in Africa, India and Latin America, suggesting that Facebook is nearing global saturation.