Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Get Started
SubscribeLogin
Published • loading... • Updated

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.

1 Articles

PatchPatch
Center

Middle Managers Likely Next Meta Layoff Targets: Zuckerberg

Middle Managers Likely Next Meta Layoff Targets: Zuckerberg - Palo Alto, CA - CEO Mark Zuckerberg during a fourth-quarter earnings call told Meta investors the company is aiming to make 2023 the "year of efficiency."

·United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Patch broke the news in United States on Thursday, February 2, 2023.
Too Big Arrow Icon
Sources are mostly out of (0)
Blindspot Title And Logo
Stories disproportionately reported by the Left or the Right

Similar News Topics

Mark Zuckerberg icon

Mark Zuckerberg

Meta icon

Meta

Palo Alto icon

Palo Alto

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal