Amidst Faltering Growth, Is Facebook Heading Towards The Road To Ruins?

Must Read

New RBI Guidelines Force You To Memorise All Of Your Card Details

It's time to get your brain prepped to do some much-needed homework and commit to memory the...

Bounce Layoff: Bike Rental Startup To Pivot Into New Vertical

Bike-rental startup Bounce has laid off a massive chunk of its workforce in a bid to survive...

Zomato Beefs Up Valuation Prior To IPO In Its Latest Fundraising Round!

Before heading to the stock market with an IPO, the homegrown food delivery startup Zomato beefs up...

Facebook’s forecast for a better future suddenly seems rather bleak. Apparently, this lands Mark Zuckerberg in a tough spot!

Over the last couple of months, there’s been a lot of commotion over the future of Facebook Inc. (NASDAQ:FB). Subject to a lot of social and political pressure, Facebook has also been on the verge of being the largest wipe-out in American history. Lest one hasn’t been up on the beam yet, Facebook witnessed a drop in daily usage for the first time after 2012, worst, as it lags behind Twitter and Snachat!

All this while, the growth is declining and Facebook has been brain racking a lot. From overhauling its newsfeed to removing ads from the platform, it has done it all. Herein, it also gave investors an on-edge breakdown, since the less number of ads, the lesser ad revenue.


All in all, Facebook’s daily engagement is dropping and so is its whip hand! Does this indicate the beginning of the end of Facebook? Let’s find out!

Facebook Growth: Stock Market Plummeting

Facebook shares have fallen to around $200, while its share hit a stonewall at $217. The growth in ad generated revenue also saw a clear deceleration in the recent past.

A loss of over $150 billion in the value of the company, accompanied with a stock plunge of nearly one-quarter can rough up anyone. In a space, wherein the company’s dominance and value are determined and driven by investor trust, stock crashing at such a huge rate is dead-end!

It is difficult for any company, even Facebook to bounce back from losses in a short span. Additionally, the company has other serious scandals graved onto its name, which it has to take care of even while recovering from the latest crash.

#DeleteFacebook and Its Close Associates

Social-media users, for a great deal of time now, have threatened to #DeleteFacebook, but is anyone actually following it?


The company saw a drop of 3 million daily users in Europe when the European Union’s GDPR went into effect. User growth in US and Canada remained flat. This hints towards the oblique fact – The social network giant with more than 2 billion users, may not be as attractive to the people now, as it once was.

Again, given the very fact that the platform’s existence relies on the user base and their decision of using it, account deletion in huge number is sure to threaten the social media leviathan!

Like any social media platform, Facebook relies on the public’s participation to exist.  Change in public opinion, combined with investigations by government bodies, is likely to have major ramifications for the way Facebook and its third-party apps harvest and handle personal data. – Tony Pepper, CEO of security firm Egress

In a survey conducted by the Pew Research Center, revelations are that prime competitors to Facebook for youngsters appear to be Snapchat, YouTube, and Instagram. So, the shift in demographics is becoming clear. Although the site continues to be extremely popular, its magic is now fading. 2018 will witness the number of teens on Facebook dwindling bad, than ever before.

Now the bigger question is:

  • if Facebook is indeed ageing and losing younger users?
  • will this require a new entrant in the social networking spectrum?

Facebook’s Employees Pessimistic About Its Future!

Facebook employees are not that optimistic when it is about the company’s future. Data from Glassdoor shows a steep descent in the business metric. When the employees were asked about Facebook’s business outlook, the response hasn’t been glee worthy.

According to an average 89% of respondents, the company’s near future looks good. But that doesn’t account for good news! This has gone down by 4% in just one year when 93% of employees believed in the flourishing future of Facebook.

If this doesn’t add to the woes, Facebook employees who recommend the company as a good place to work has gone down from a whopping 95% to 91% this year.

What remains to be seen as of now is: Will Facebook snap out of this third-degree or with its downfall it will open up the gate for a new incumbent?

For the moment, let this reality sink in – Users are no longer flocking to the largest social networking site, Facebook.


Please enter your comment!
Please enter your name here

Latest News

Reliance Aims To Launch Its Own Version Of UPI-Like Payments Network With Google And Facebook!

The mammoth tech-petroleum conglomerate Reliance aims to create its own version of UPI! According...

TikTok Coughs Up $92 Million In Fine For Harvesting User Data Of Minors!

The popular short-form video app TikTok simply can’t catch a break! Besides dealing with its botched acquisition now stuck in limbo, the...

Facebook Continues Taking A Jab At Apple With New Marketing Campaign

Even after a month of attacking and accusing Tim Cook Zuckerberg is still very much fizzle out from Apple’s major blow to...

Xiaomi Levels Up On India Manufacturing: 99% Smartphones Are Made In India

Xiaomi really is digging its heels to live up to a commitment. One of the first adopters of the...

After SMS, WhatsApp Now Becomes A Threat To Cell Calling: 1 Billion And Counting

It already buried the SMSes in the ground. Now, traditional cellular calling is next on the hit list. The number of WhatsApp...

Flipkart Quickly Learns From the Mistake Amazon Did: Setting Up A Level Playing Field For Sellers!

Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right!

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This