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Mark Zuckerberg explains why so many tech companies are doing layoffs right now
Meta's CEO said tech execs realized doing tough layoffs didn't end their companies — and there can be benefits to being leaner.
Mark Zuckerberg has a theory for why tech layoffs aren't slowing down: Companies are realizing that, while painful, there are benefits to being "leaner." In an interview with Morning Brew Daily's podcast published Friday, the Meta CEO said companies are still adjusting to the post-pandemic era. "It was obviously really tough, we parted with a lot of talented people we cared about," Zuckerberg said in the interview, speaking specifically about Meta's past layoffs.
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