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Middle Managers Likely Next Meta Layoff Targets: Zuckerberg

Summary by Ground News
Mark Zuckerberg indicated the next round of job cuts will target middle managers. Zuckerberg acknowledged the company's enormous workforce has made it hard to focus on efficiency. Meta laid off around 11,000 in November. Meta's stock value surged 20 percent on news of the Facebook founder's cost-cutting strategy.

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Patch broke the news in United States on Thursday, February 2, 2023.
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