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.

Published 2 months ago · Palo Alto, United States

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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."

2 months ago·United States

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