and eliminate 5,000 currently-unfilled positions as it struggles to cope with a"new economic reality" that includes higher interest rates, geopolitical instability, and increased regulation.
"This will be tough and there's no way around that. It will mean saying goodbye to talented and passionate colleagues who have been part of our success," Zuckerberg wrote."They've dedicated themselves to our mission and I'm personally grateful for all their efforts. We will support people in the same ways we have before and treat everyone with the gratitude they deserve.
"It's important for all groups to get leaner and more efficient to enable our technology groups to get as lean and efficient as possible," he wrote."We will make sure we continue to meet all our critical and legal obligations as we find ways to operate more efficiently."
Facebook needs to just die out already. Overrated garbage.
We still haven’t forgotten Cambridge Analytica.
I am surprised they haven't made a home console. With all the Facebook integration messenger, video calls with pip, vr streaming to the headset. He bet on the wrong horse and doesn't want to look dumb. Take the L and move on.
zuck: laying off 21,000 id actually good Facebook 2.3 stars on the app store 💀
Let be honest all the tech companies are doing this not because of some grand vision or because of some new technology or even because they are struggling. It simply because shareholders are demanding it an mostly because Twitter manage to do it.
Zuckerberg bet wrong, where he should have been invested billions into AI, he plowed it into VR, Metaverse, crypto currencyu It isn't to late to reverse that. It will probably take some acquisitions and time.
'Right, because that's what people need in the middle of a pandemic - more layoffs. Good job, Zuck.'
Because they were just useless DEI/gender studies parasites, who just had fat checks? Just thinking out loud here.
Meta 😂😂😂😂😂
Imagine getting real life ZUCCED
This trash should be fired, not 10000 more people who rely on this income to live.
Good for him, not for others... Down with Meta and it's subsidiaries, including Facebook
Whats your Shtyle?!
Depopulating META ( means death in hebrew)
Good, every tech company should be doing this.
Alternate title: Zuckerberg bullshit himself into believing everything is going fine. Also, the only thing good about this is meta failing as a business.
Anyone even use Facebook anymore?
bbkitsune 💀
Yeah, so is wasting billions of dollars in a piece of shit (metaverse) that nobody wants, is that right? 🤔
His own mistake but Employees have to pay the price. I hate people like him. 😡
What a weirdo. These liberals are crazy and cold blooded.
And it is a good thing 👍🙃🙃🙃
'Year of Efficiency,' I should have used this term during lockdown when someone would schedule a new zoom meeting every hour of every day.
He couldn't explain an orgasm much less this.
'Efficiency' sounds like a great way to avoid paying salaries. zuckerbergfailsagain
He saw the tremendous success Elon Musk had laying off the funny colored haired pronoun ham planets and is trying to replicate it with Facebook.
How many people work there?
He's made so many bad decisions for many years, indulging his wildest dreams, and now employees must pay the price as he slashes so many jobs. Poor leadership and clueless vision. He should be the one paying the price.
Is like 40,000 in the past 4months lol
P. of S.
i hope facebook falls and this man with it 🙂
🤡
Marks fantasy world hitting the reality wall.
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