How has Meta handled the layoffs?
Mark Zuckerberg acknowledged that the layoffs at Meta were challenging and involved parting ways with many skillful individuals. However, he believes that these layoffs have made the company more efficient. Following Zuckerberg’s “year of efficiency,” Meta laid off tens of thousands of employees. Zuckerberg maintains that it was necessary for the company’s long-term success. He stressed that becoming leaner has allowed Meta to understand the rapidly changing tech industry better.
Zuckerberg Reveals Shocking Truth Behind Tech Layoffs: It’s Not What You Think!
In the tech industry, layoffs have become a common event now, with thousands of employees losing their jobs. Mark Zuckerberg, the co-founder and CEO of Meta Platforms, Inc. (formerly Facebook), recently shed light on why these layoffs are happening. Contrary to common assumptions linking the layoffs to the rise of artificial intelligence (AI), Zuckerberg offers a new perspective.