Friday, October 4, 2024

Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

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https://www.wsj.com/articles/metas-mark-zuckerberg-says-he-is-accountable-as-company-preps-for-mass-layoffs-11667941107

Layoffs are to begin on Wednesday morning, the CEO told hundreds of executives on Tuesday

Meta Platforms Inc. will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday.

The coming cuts are expected to total many thousands of employees and will likely be the largest of the year to date in the tech sector, The Wall Street Journal previously reported.

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