A $300M yacht isn't money set on fire. It's a vast act of production. Those vessels take 3 to 4 years to build and employ hundreds: naval architects, marine engineers, welders, electricians, carpenters, interior craftsmen, plus the shipyard and the entire supply chain feeding it. Then a permanent crew of dozens, dockworkers, mechanics, and provisioners for the life of the ship. The "obscene" yacht is a payroll for hundreds of skilled workers who chose that trade freely.
But notice the con you're really running. You don't want those workers employed. You want the Meta workers envious. The yacht and the layoffs have nothing to do with each other, except in the resentment you're trying to manufacture.
Now the layoffs themselves. A company cuts staff when it must reduce costs or correct over-hiring, which is exactly how a business stays alive to employ anyone at all. And what drives costs up? The taxes, mandates, and regulations you demand every single day. You spend your career making it more expensive to employ Americans, then feign shock when employing Americans gets more expensive.
You don't grasp that wealth is produced, not seized from a pile. So you treat one man's success as another's loss. It isn't. The yacht builder, the Meta engineer, and Zuckerberg can all prosper at once, in a system you'd dismantle for the pleasure of watching the rich brought low.
Envy is not an economic policy but it is apparently all
@SenWarren and her socialist allies know.