Meta exec warns philanthropy and worker perks can 'create drag' on a company. 'You must be willing to focus and prioritize.'

• Meta CTO Andrew Bosworth said he misses the days when the company was more focused.
• In a blog post, he called out the firm's philanthropy and worker perks as areas that could "create drag."
• The company releases it fourth-quarter earnings report Wednesday.

Meta Chief Technology Officer Andrew Bosworth said he misses the days when the company was smaller and more focused — noting that time and money spent on philanthropy and on employee perks can, in his view, distract from its primary mission.