CEO Mark Zuckerberg puts managers on notice, more Facebook layoffs likely
1 year, 10 months 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 spoken about the need to "flatten" the organisational structure. "We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap," Zuckerberg noted.

History of this topic

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