• Mark Zuckerberg is leaning into Meta's 'year of efficiency' the wrong way, and multiple rounds of layoffs will be damaging

    5 days ago - By Business Insider

    Meta latest job cuts affect about 10,000 staffers and some 5,000 open roles. Arnd Wiegmann/Reuters
    Meta CEO Mark Zuckerberg last week unveiled another round of layoffs hitting 10,000 staffers.
    The dismissals are part of an efficiency plan boost productivity and turn Meta into a talent magnet.
    But the job cuts are likely to have the opposite effect, two management experts told Insider.
    Mark Zuckerberg, the CEO of Meta, wants the firm to get its beach bod in time for summer by shedding thousands of workers. But like any crash diet, there are risks. "Leaner is better," Zuckerberg wrote in a...
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