Zuckerberg, responding to an employee question at a company-wide meeting on Thursday, said he had hired too aggressively and failed to account for the possibility of an economic downturn, according to a person who heard the remarks.Meta declined to comment.
On the investor call, Zuckerberg said he believed the economy was entering a downturn that would have a"broad impact" on the digital advertising business. Zuckerberg responded by discussing Meta's performance reviews generally, according to the person who heard him speak, as well as another briefed on the response.
The exchanges come as Zuckerberg is battling intensifying morale issues at Meta, on top of economic woes and business challenges from Apple Inc and ByteDance's TikTok.
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