Start United States USA — IT Mark Zuckerberg admits he got it wrong as Meta lays off 11,000...

Mark Zuckerberg admits he got it wrong as Meta lays off 11,000 people

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In a letter sent to Meta employees earlier today, Zuckerberg wrote: „Today I’m sharing some of the most difficult changes we’ve made in Meta’s history.“ In addition.
What just happened? It’s been announced by Meta CEO Mark Zuckerberg that the company is laying off 13% of its staff, or around 11,000 workers worldwide, confirming rumors from earlier this week that huge cuts were coming.
In a letter sent to Meta employees earlier today, Zuckerberg wrote: „Today I’m sharing some of the most difficult changes we’ve made in Meta’s history.“ In addition to the 11,000+ employees being let go, the CEO talked about taking additional steps to become a leaner and more efficient company, including extending its hiring freeze through the first quarter of its fiscal financial year and cutting discretionary spending. Meta’s hiring division is expected to be the group most heavily affected by the move.
„I want to take accountability for these decisions and for how we got here. I know this is tough for everyone, and I’m especially sorry to those impacted.

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