Zuckerberg blamed Sheryl Sandberg for Meta's culture in Trump meeting: Report
2 months, 1 week ago

Zuckerberg blamed Sheryl Sandberg for Meta's culture in Trump meeting: Report

India Today  

Meta CEO Mark Zuckerberg blamed former chief operating officer Sheryl Sandberg, who resigned two years ago, for the company's more "inclusive culture" during a recent meeting with President-elect Donald Trump, The New York Times reported. In the high-level meeting with Trump and his advisers, including Stephen Miller, Zuckerberg alleged that Sandberg was behind the "inclusivity initiative" at Facebook that encouraged self-expression of employees in the workplace, the report said. In the meeting, Zuckerberg also underscored that he would "do nothing to obstruct the Trump agenda" and would focus "solely on building tech products", the NYT report said, quoting sources. Just days after the Trump meeting, Zuckerberg announced that Meta was rolling back its diversity, equity, and inclusion programmes, including those for hiring, training and picking suppliers.

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History of this topic

Meta CEO Mark Zuckerberg Meets White House Officials Amid Legal Battle Over Employee Memoir
2 weeks ago

Meta CEO Mark Zuckerberg Meets White House Officials Amid Legal Battle Over Employee Memoir

ABP News  

Meta CEO Mark Zuckerberg visited the White House on Wednesday for discussions with officials from the Trump administration, according to a source familiar with the matter, reported Reuters. “Mark’s continuing the meetings he's been holding with the administration on American technology leadership,” said Meta spokesperson Andy Stone, without directly confirming the White House visit. Meta Secures Legal Victory Over Former …

Meta fires employees for leaks amid Zuckerberg's Trump pivot
Top News
3 weeks, 6 days ago

Meta fires employees for leaks amid Zuckerberg's Trump pivot

Raw Story  

Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift of its boss Mark Zuckerberg towards US President Donald Trump. "We tell employees when they join the company, and we offer periodic reminders, that it is against our policies to leak internal …

Meta fires employees for leaks amid Zuckerberg's Trump pivot
1 month ago

Meta fires employees for leaks amid Zuckerberg's Trump pivot

Raw Story  

Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift of its boss Mark Zuckerberg towards US President Donald Trump. "We tell employees when they join the company, and we offer periodic reminders, that it is against our policies to leak internal …

Meta CTO says employees who disagree with policy changes can 'quit' or ‘consider working elsewhere’: Report
1 month, 1 week ago

Meta CTO says employees who disagree with policy changes can 'quit' or ‘consider working elsewhere’: Report

Hindustan Times  

Meta's Chief Technology Officer Andrew Bosworth told employees to "quit" and "consider working elsewhere" if they felt that all employees must like the company's policies, according to a Business Insider report. Meta CTO Andrew Bosworth shared an article about CEO Mark Zuckerberg's comments to employees in an all-hands meeting, which was leaked to the media. The company had been facing …

Once a Trump critic, Mark Zuckerberg pivots toward the president
1 month, 3 weeks ago

Once a Trump critic, Mark Zuckerberg pivots toward the president

LA Times  

Meta Chief Executive Mark Zuckerberg arrives for the inauguration of President Trump in the U.S. Capitol Rotunda on Jan. 20 in Washington, D.C. Before Donald Trump kicked off his second term as president, Meta Platforms Chief Executive and founder Mark Zuckerberg took another big swing at hitting reset. In a nearly three-hour conversation with Joe Rogan, a hugely popular podcaster …

Mark Zuckerberg defends Meta’s right-wing swing, complains about media leaks: Report
Trending News
1 month, 3 weeks ago

Mark Zuckerberg defends Meta’s right-wing swing, complains about media leaks: Report

The Hindu  

Meta CEO Mark Zuckerberg during an all-hands meeting defended a right-wing swing that will see the social media company aligning more closely with the U.S. government, as he also complained that his statements were often leaked. He also addressed Meta loosening restrictions around topics such as gender and immigration, by noting that he wanted the platform to facilitate discussions without …

Paul Graham backs Mark Zuckerberg’s charges against ex-Facebook COO Sheryl Sandberg: ‘Common for young, inexperienced…’
2 months, 1 week ago

Paul Graham backs Mark Zuckerberg’s charges against ex-Facebook COO Sheryl Sandberg: ‘Common for young, inexperienced…’

Live Mint  

Paul Graham, a computer scientist and writer, has supported Meta founder Mark Zuckerberg after he accused former COO Sheryl Sandberg of ‘culture’ and ‘inclusivity’ policies at Facebook. While replying to the post, Graham mentioned how new founders have to take the help of ‘C-level’ employees to learn how things work in the system. Mark Zuckerberg's claim Mark Zuckerberg reportedly accused …

From ’superstar’ to scapegoat: How Sheryl Sandberg became an unlikely target in Zuckerberg’s meeting with Trump
2 months, 1 week ago

From ’superstar’ to scapegoat: How Sheryl Sandberg became an unlikely target in Zuckerberg’s meeting with Trump

Live Mint  

Meta founder Mark Zuckerberg has reportedly accused one of his former executives, Sheryl Sandberg, who left the company in 2022, of the “culture” issues at Meta during a meeting with President-elect Donald Trump on November 29. Zuckerberg blamed former chief operating officer of Meta, Sheryl Sandberg, at a meeting with Trump at Mar-a-Lago, according to a report by The New …

Zuckerberg warns he will cut ‘low performers’ as he looks to fire up to 5 percent of Meta staff: Report
Trending News
2 months, 1 week ago

Zuckerberg warns he will cut ‘low performers’ as he looks to fire up to 5 percent of Meta staff: Report

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg, the co-founder of Facebook and CEO of its parent company Meta, …

Meta to lay off 3,600 employees in performance-based cuts
Top News
2 months, 1 week ago

Meta to lay off 3,600 employees in performance-based cuts

Deccan Chronicle  

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.The company, which owns Facebook, Instagram and WhatsApp, confirmed to AFP that CEO Mark Zuckerberg's decision will affect five percent of its workforce.Meta had approximately 72,400 employees as of September. "I've decided to raise …

Meta layoffs: Mark Zuckerberg to trim 5% of ‘lowest performers’, plans to hire for impacted roles
2 months, 1 week ago

Meta layoffs: Mark Zuckerberg to trim 5% of ‘lowest performers’, plans to hire for impacted roles

The Hindu  

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts this year to "raise the bar" on performance management, the spokesperson said. Zuckerberg had also called 2023 the "Year of Efficiency" as …

Meta layoffs: 3,600 to lose jobs as Mark Zuckerberg targets low performers
2 months, 1 week ago

Meta layoffs: 3,600 to lose jobs as Mark Zuckerberg targets low performers

India Today  

Meta Platforms Inc. has announced plans to cut about 5% of its lowest-performing employees this year, reported Bloomberg. The decision, shared in an internal memo by CEO Mark Zuckerberg, focusses on improving overall performance by moving out those not meeting expectations more quickly than before. We typically manage out people who aren’t meeting expectations over the course of a year, …

Meta to lay off 3,600 employees in performance-based cuts
2 months, 1 week ago

Meta to lay off 3,600 employees in performance-based cuts

Raw Story  

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday. The CEO said the performance-based cuts are intended to ensure that the company has the "strongest talent" and is able to "bring new people in." Microsoft announced similar cuts last week affecting less …

Zuckerberg warns he will cut ‘low performers’ as he looks to fire up to 5 percent of Meta staff: Report
Top News
2 months, 1 week ago

Zuckerberg warns he will cut ‘low performers’ as he looks to fire up to 5 percent of Meta staff: Report

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg, the co-founder …

Meta CEO Mark Zuckerberg takes a dig at Apple’s App Store commission
2 months, 2 weeks ago

Meta CEO Mark Zuckerberg takes a dig at Apple’s App Store commission

The Hindu  

Meta CEO Mark Zuckerberg did not hold back from criticising iPhone-maker Apple during an episode of the Joe Rogan podcast on January 10, claiming innovation within the hardware company had slowed down while also calling out their “random rules.” In particular, Zuckerberg took aim at Apple’s commission policy for developers on its app store. “On the one hand it’s been …

'Foolish': Analyst 'shocked' by Zuckerberg's pow-wow in Mar-a-Lago
2 months, 2 weeks ago

'Foolish': Analyst 'shocked' by Zuckerberg's pow-wow in Mar-a-Lago

Raw Story  

Reports that Meta CEO Mark Zuckerberg traveled to Mar-a-Lago on Friday to meet with President-elect Donald Trump came as a surprise to one media analyst, who warned the move could set a dangerous precedent for the company. “I’m shocked by this,” Axios senior media reporter Sara Fischer said during an appearance on CNN Friday night. The Meta CEO’s trip came …

Courting Trump, Zuckerberg ditches DEI and kills off LGBTQ+ themes for Facebook Messenger
2 months, 2 weeks ago

Courting Trump, Zuckerberg ditches DEI and kills off LGBTQ+ themes for Facebook Messenger

Salon  

Meta is continuing to roll back its diversity, equity and inclusion initiatives, from changing its own hiring practices to eliminating user themes that celebrated LGBTQ+ rights. Meta says it's axing the programs because the “legal and policy landscape surrounding diversity, equity and inclusion efforts in the United States is changing,” per a memo obtained by Axios. Meta isn’t alone in …

Meta ends its DEI programs as Zuckerberg blasts Biden on Joe Rogan
2 months, 2 weeks ago

Meta ends its DEI programs as Zuckerberg blasts Biden on Joe Rogan

CNN  

CNN — Meta is ending its diversity, equity and inclusion programs, known as DEI, the company said Friday, becoming the latest company to pull back from such practices in the wake of pressure from conservative critics and customers. Meta is eliminating the company’s DEI team, ending “equity and inclusion programs and changing hiring and supplier diversity practices,” according to a …

Mark Zuckerberg: Why Meta’s moderation overhaul is a pro-Trump pivot.
2 months, 2 weeks ago

Mark Zuckerberg: Why Meta’s moderation overhaul is a pro-Trump pivot.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. The company is also rolling back guardrails on permissible discourse around hot-button topics like “immigration and gender” in ways that will supposedly align more with the “mainstream discourse.” Content-moderation filters will be tweaked to remove less harmful speech and …

After Trump's election win, Meta is firing fact checkers and making big changes
2 months, 2 weeks ago

After Trump's election win, Meta is firing fact checkers and making big changes

ABC  

Meta boss Mark Zuckerberg has announced a bunch of big changes for Facebook, Instagram and Threads. He says Donald Trump's election win represents a "cultural tipping point" in favour of free speech, and his company will work with Trump to push back on censorship. Zuckerberg also said Meta would "get rid of a bunch of restrictions" on how people can …

Mark Zuckerberg Announces Meta Will Dump 'Politically Biased' Fact-Checkers
2 months, 2 weeks ago

Mark Zuckerberg Announces Meta Will Dump 'Politically Biased' Fact-Checkers

Huff Post  

LOADING ERROR LOADING Mark Zuckerberg announced Meta is abandoning its fact-checking program as he criticized the system for becoming “too politically biased.” The tech billionaire unveiled the changes in a video on Tuesday. “After Trump first got elected in 2016, the legacy media wrote non-stop about how misinformation was a threat to democracy,” Meta’s chief executive said. “We tried, in …

Mark Zuckerberg dumps fact-checkers on Meta, Trump pleased, Elon Musk approves
2 months, 3 weeks ago

Mark Zuckerberg dumps fact-checkers on Meta, Trump pleased, Elon Musk approves

India Today  

Meta CEO Mark Zuckerberg on Tuesday announced a slew of changes to content moderation and policy on the social media platform, including the scrapping of fact-checkers in favour of X-style community notes. Instead, Meta plans to implement a "community notes" system, mirroring the model used by X, where users collaboratively provide context and clarifications to potentially contentious posts. To further …

Nick Clegg leaves Meta role as GOP promoted ahead of Trump presidency
2 months, 3 weeks ago

Nick Clegg leaves Meta role as GOP promoted ahead of Trump presidency

Daily Mail  

Nick Clegg is set to be ousted as Meta 's President of Global Affairs and replaced with a Republican ahead of Donald Trump 's inauguration this month. The former Lib Dem Deputy Prime Minister will be replaced in the upper echelons of Mark Zuckerberg 's empire by his deputy, Joel Kaplan. 'And I am simply thrilled that my deputy, Joel …

Just before Trump takes office, Meta is replacing its top policy exec with a prominent Republican
2 months, 3 weeks ago

Just before Trump takes office, Meta is replacing its top policy exec with a prominent Republican

CNN  

New York CNN — Meta’s top policy executive, Nick Clegg, is stepping down from the post just as President-elect Donald Trump is set to take office. “As a new year begins, I have come to the view that this is the right time for me to move on from my role,” Clegg said in a Facebook post Thursday, adding that …

Just before Trump takes office, Meta is replacing its top policy exec with a prominent Republican
2 months, 3 weeks ago

Just before Trump takes office, Meta is replacing its top policy exec with a prominent Republican

CNN  

New York CNN — Meta’s top policy executive, Nick Clegg, is stepping down from the post just as President-elect Donald Trump is set to take office. “As a new year begins, I have come to the view that this is the right time for me to move on from my role,” Clegg said in a Facebook post Thursday, adding that …

Meta donates $1 million to Trump’s inaugural fund in latest step to mend relationship
3 months, 2 weeks ago

Meta donates $1 million to Trump’s inaugural fund in latest step to mend relationship

CNN  

New York CNN — Meta has donated $1 million to President-elect Donald Trump’s inaugural fund, the company confirmed to CNN. In an interview over the summer, the Facebook founder said Trump’s reaction to a July assassination attempt was “badass.” “Seeing Donald Trump get up after getting shot in the face and pump his fist in the air with the American …

Meta chief Mark Zuckerberg makes huge U-turn as he dines with Trump
3 months, 3 weeks ago

Meta chief Mark Zuckerberg makes huge U-turn as he dines with Trump

Daily Mail  

Mark Zuckerberg traveled to Florida on Wednesday to meet with President-elect Donald Trump at his Mar-a-Lago compound. Shortly after Zuckerberg's appearance at Mar-a-Lago circulated on social media, incoming White House deputy chief of staff for policy Stephen Miller told Fox News that it marks a drastic turnaround in the Meta chief's approach. Miller loosely referenced Zuckerberg's past difficulties with Trump …

In a patch-up bid, Meta boss Zuckerberg dines with Trump for ‘national renewal of America’
3 months, 3 weeks ago

In a patch-up bid, Meta boss Zuckerberg dines with Trump for ‘national renewal of America’

Firstpost  

Mark Zuckerberg joined Donald Trump for dinner at Mar-a-Lago, signalling support for a ’national renewal of America’ under Trump’s leadership Mark Zuckerberg joined Donald Trump for dinner at his Mar-a-Lago estate Wednesday, with an advisor to the president-elect saying the tech billionaire “wants to support the national renewal of America”. But on Wednesday, a Meta spokesperson said: “Mark was grateful …

Meta CEO Zuckerberg dines with Trump after years of turbulent ties with US president-elect
4 months ago

Meta CEO Zuckerberg dines with Trump after years of turbulent ties with US president-elect

New Indian Express  

FORT LAUDERDAL: Donald Trump dined on Wednesday with Meta CEO Mark Zuckerberg at the president-elect's Mar-a-Lago club in Florida, bringing together the Facebook founder and the former president who was once banned from that social network. Stephen Miller, who has been appointed deputy chief of staff for Trump's second term, said Zuckerberg, like other business leaders, wants to support Trump's …

Meta CEO Mark Zuckerberg believes having hobbies and free time makes going back to work easier
7 months, 3 weeks ago

Meta CEO Mark Zuckerberg believes having hobbies and free time makes going back to work easier

India Today  

We're seeing a new side of Mark Zuckerberg, or we can call it Zuckerberg 2.0. In a recent interview with Bloomberg, Zuckerberg revealed that lately, he's been enjoying a lot of activities in his free time, including farming cattle, practising jiu-jitsu, and wakesurfing. While Zuckerberg is sharing a sneak peek into his rich billionaire life and navigating a personal transformation, …

Mark Zuckerberg praises Donald Trump's 'badass' response to assassination attempt
8 months, 1 week ago

Mark Zuckerberg praises Donald Trump's 'badass' response to assassination attempt

India TV News  

Washington: Meta CEO Mark Zuckerberg has heaped praises on former US President and Republican presidential candidate for this year's election, Donald Trump, for the latter's response to the recent assassination attempt, calling it "one of the most badass things I've ever seen in my life." The entrepreneur declined to endorse any presidential candidate and said he would not play a …

Meta’s Sheryl Sandberg to exit board after 12 years
1 year, 2 months ago

Meta’s Sheryl Sandberg to exit board after 12 years

The Hindu  

Meta’s former chief operating officer, Sheryl Sandberg, announced that she is leaving the company’s board after more than a decade. One of the most influential women in Silicon Valley, Sandberg, 54, will depart the board as the tech juggernaut behind Facebook, WhatsApp and Instagram faces increased regulatory scrutiny. “With a heart filled with gratitude and a mind filled with memories, …

Meta’s Sheryl Sandberg to exit board after 12 years
1 year, 2 months ago

Meta’s Sheryl Sandberg to exit board after 12 years

Live Mint  

Meta Platforms' former chief operating officer Sheryl Sandberg plans to step down from her position on the company's board of directors after her term ends in May, she said in a Facebook post on Wednesday. "Meta business is strong and well-positioned for the future, so this feels like the right time to step away," Sandberg said in the post, adding …

Sheryl Sandberg Is Leaving Meta’s Board Of Directors
1 year, 2 months ago

Sheryl Sandberg Is Leaving Meta’s Board Of Directors

Huff Post  

LOADING ERROR LOADING Sheryl Sandberg, formerly Meta’s chief operating officer, announced Wednesday that she’ll be stepping down from the company’s board of directors in May. When she steps down from Meta’s board in May, Sandberg will become an advisor to the company, she said in a Facebook post Wednesday. “Serving as Facebook’s — and then Meta’s — COO for 14 …

Facebook Owner Meta Slashes Business Workforce In Final Round Of Layoffs
1 year, 10 months ago

Facebook Owner Meta Slashes Business Workforce In Final Round Of Layoffs

ABP News  

Owner of Facebook, Meta Platforms Inc, cut jobs across its business and operations units on Wednesday, reported by news agency Reuters. Earlier this year, Meta became the first Big Tech firm to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall. Mark Zuckerberg, CEO, Meta Inc, in March had said the …

Meta layoffs: Facebook to cut 10,000 more employees, Mark Zuckerberg says
2 years ago

Meta layoffs: Facebook to cut 10,000 more employees, Mark Zuckerberg says

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Zuckerberg said the layoffs were part of a “restructuring” and Meta’s “year of efficiency”. “It will …

Mark Zuckerberg fires 10,000 Meta employees in fresh layoffs: Here is full text of his memo
2 years ago

Mark Zuckerberg fires 10,000 Meta employees in fresh layoffs: Here is full text of his memo

India Today  

Meta CEO Mark Zuckerberg announced second round of layoffs on Tuesday. Here’s the timeline you should expect: over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates. As I’ve talked about efficiency this year, I’ve said that part of our work will involve removing …

Meta Chief Business Officer Marne Levine Set To Leave The Company: Report
2 years, 1 month ago

Meta Chief Business Officer Marne Levine Set To Leave The Company: Report

ABP News  

Meta's Chief Business Officer Marne Levine is leaving the social networking giant and parent company of Facebook after a 13-year stint, the media has reported. Levine was appointed as Meta's first chief business officer in 2021 and has served in various other executive positions at the company, including the chief operating officer of Instagram, says a report by news agency …

Another round of Meta layoffs soon? Mark Zuckerberg questions manager roles
2 years, 1 month ago

Another round of Meta layoffs soon? Mark Zuckerberg questions manager roles

Live Mint  

Is Facebook and Instagram owned Meta planning another round of layoffs? Its founder and CEO Mark Zuckerberg's recent comments on managers has raised eyebrows and apprehensions of phase 2 of pink slips coming soon. After laying off 11,000 employees from his company Zuckerberg still thinks many layers of management are a waste of resource and the managers who build big …

CEO Mark Zuckerberg puts managers on notice, more Facebook layoffs likely
2 years, 1 month ago

CEO Mark Zuckerberg puts managers on notice, more Facebook layoffs likely

India Today  

Right after Elon Musk fired thousands of Twitter employees, Meta CEO Mark Zuckerberg laid off 11,000 employees. "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," Zuckerberg told managers during the meeting. In addition to Zuckerberg, Meta Chief product officer Chris Cox has also …

Zuckerberg's Meta gearing up for more layoffs? This report suggests so
2 years, 1 month ago

Zuckerberg's Meta gearing up for more layoffs? This report suggests so

Hindustan Times  

Meta CEO Mark Zuckerberg has reportedly announced that he is not in favour of “managers managing managers, managing managers, managing managers, managing the people who are doing the work”. According to the weekly newsletter Command Line from The Verge’s Alex Heath, Zuckerberg hinted at more layoffs in middle management during an internal Q&A meeting last week. Earlier in January, the …

Meta CEO Mark Zuckerberg testifies in FTC case to block virtual-reality deal
2 years, 3 months ago

Meta CEO Mark Zuckerberg testifies in FTC case to block virtual-reality deal

Live Mint  

Facebook parent Meta Platforms Inc. CEO Mark Zuckerberg took the witness stand Tuesday in a case in which the Federal Trade Commission is seeking to prevent the social-media company from acquiring a virtual-reality startup. The FTC is seeking an injunction blocking Meta’s planned acquisition of Within Unlimited Inc., the company behind the popular virtual-reality fitness game “Supernatural." Mr. Zuckerberg said …

Is Mark Zuckerberg standing down as Meta CEO?
2 years, 4 months ago

Is Mark Zuckerberg standing down as Meta CEO?

Hindustan Times  

Meta has denied a report that said Mark Zuckerberg is standing down as its chief executive. On Tuesday, a report said that Mark Zuckerberg would be stepping down from his role as the head of the company next year. Mark Zuckerberg has faced widespread criticism in recent weeks after Meta fired large numbers of its staff. Mark Zuckerberg has been …

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1
2 years, 4 months ago

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1

The Hindu  

Meta, in a blog post, on Wednesday shared that it will be firing 13% of its workforce around 11,000 employees. In a direct message to employees, Meta CEO Mark Zuckerberg said that staff reductions will be made across the company’s family of apps and Reality Labs. Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown …

Mark Zuckerberg says 'sorry' as Meta fires 11,000 employees. Read full statement
2 years, 4 months ago

Mark Zuckerberg says 'sorry' as Meta fires 11,000 employees. Read full statement

Hindustan Times  

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market, Reuters reported. Mark Zuckerberg issues ‘Sorry’ statement In his Facebook post, Mark Zuckerberg said that he is ‘sorry’ and …

Mark Zuckerberg sacks 11,000 Meta staff
2 years, 4 months ago

Mark Zuckerberg sacks 11,000 Meta staff

The Telegraph  

Mark Zuckerberg has sacked more than 11,000 employees at Meta in the largest cull in the company’s 18-year history as a wave of job cuts across Silicon Valley deepens. In an email to staff, Mr Zuckerberg said: “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I know this is tough for everyone, and I’m …

Meta CEO Mark Zuckerberg lays off 11,000 staff amid faltering revenue and recession fears
2 years, 4 months ago

Meta CEO Mark Zuckerberg lays off 11,000 staff amid faltering revenue and recession fears

ABC  

Facebook's parent company Meta is laying off 11,000 people as it contends with faltering revenue and broader tech industry woes. Key points: Meta's lay-offs come just a week after widespread redundancies at Twitter under its new owner Elon Musk Mark Zuckerberg blames the cuts on his decision to aggressively expand the company The cuts will see 11,000 staff leave the …

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power
2 years, 4 months ago

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power

LA Times  

Meta CEO Mark Zuckerberg announces the new name for his company, formerly Facebook, in October 2021. Back in the prehistoric era — in 2012, when Facebook staged one of the most hyped initial public stock offerings of all time — I warned the company’s newly minted shareholders that they had become wedded to Mark Zuckerberg. The stock reached its all-time …

Facebook’s Meta to freeze hiring, further restructure: Report
2 years, 5 months ago

Facebook’s Meta to freeze hiring, further restructure: Report

Al Jazeera  

‘We want to plan somewhat conservatively,’ Meta Chief Executive Mark Zuckerberg’s communication with employees according to Bloomberg News. Facebook-parent Meta Platforms will freeze hiring and further restructure amid an uncertain macroeconomic situation, Bloomberg News has reported, quoting Chief Executive Mark Zuckerberg’s communication with employees. “I had hoped the economy would have more clearly stabilized by now, but from what we’re …

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