Mark Zuckerberg Confirms 10,000 Employee Layoffs to Come at Meta

14.03.2023 - 16:29

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thewrap.com

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11,000 eliminated roles at the end of last year, were expected. It will be only the second round of layoffs for the company, which was founded in 2004.Zuckerberg during the company’s fourth-quarter earnings call said that 2023 would be the Facebook and Instagram parent’s “Year of Efficiency” as the company focuses on becoming “stronger and more nimble.”In Tuesday’s memo, he repeated that phrase, and told staff the goals of this effort are to “make us a better technology company” and to “to improve our financial performance in a difficult environment so we can execute our long term vision.”That difficult environment is being felt across the tech industry.

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