Meta CEO tells employees he does not expect more company-wide layoffs this year
Key takeaways
- Add ARY News on Google AAResize Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.
- “I want to be clear that we do not expect other company-wide layoffs this year.
- “Things sometimes go ‘unexpectedly,'” one person wrote.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and transferring 7,000 other employees to new initiatives related to AI workflows.
“I want to be clear that we do not expect other company-wide layoffs this year. I also want to acknowledge that we haven’t been as clear as we aspire to be in our communication, and that’s one area I want to make sure we improve,” he said in the memo.