Zuckerberg grilled at employees assembly after Meta layoff announcement

Meta CEO Mark Zuckerberg was grilled by employees at an all-hands assembly on Thursday, following the Fb mum or dad firm’s announcement that it could lay off one other 10,000 staff.

Workers reportedly requested Zuckerberg how they are often anticipated to belief the corporate’s management after the shock second spherical of layoffs, in keeping with The Washington Submit.

“I’d guess that the best way individuals would consider whether or not you belief me and need to work at this firm in whether or not we’re succeeding in making progress towards the general said objectives,” Zuckerberg mentioned, in keeping with the Submit, whereas additionally acknowledging that “it’s a good query.”

Zuckerberg introduced on Tuesday that Meta could be slicing 10,000 jobs and shutting 5,000 open positions, citing a “tough financial surroundings” amid excessive rates of interest and geopolitical instability.

“At this level, I feel we should always put together ourselves for the chance that this new financial actuality will proceed for a few years,” Zuckerberg mentioned. “Increased rates of interest result in the financial system operating leaner, extra geopolitical instability results in extra volatility, and elevated regulation results in slower development and elevated prices of innovation.”

The extra spherical of layoffs comes after the Meta CEO beforehand informed workers in November that the large cuts have been carried out in an effort to “reduce the prospect of getting to do broad layoffs like this for the foreseeable future,” the Submit reported.

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