Meta CEO Mark Zuckerberg fired over 11,000 employees from the company on Friday.
In a statement to reporters, Zuckerberg said that he was making the move because he was dissatisfied with Meta’s performance in recent years. The company had been struggling to compete with its main rival.
Zuckerberg said that he intends to focus on hiring and expanding in order to build a stronger business for Meta.
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Zuckerberg said that it was a “tough decision” but it was necessary for Meta’s growth. He added that the employees who were let go will be given severance packages and other benefits.
Mark Zuckerberg, CEO of Facebook-owned messaging app developer Meta, has fired over 11,000 employees from the company.
The decision comes amid concerns that the company is struggling to generate revenue and keep up with competitors such as WhatsApp and WeChat.
But Zuckerberg isn’t worried about that kind of thing: he wants Meta to be an example for other companies, so he fired over 11,000 employees from Meta this week.
“This is not an easy decision,” Zuckerberg said during an investor call on Tuesday morning. “We want to make sure we’re aligned with our mission and values.”
Mark Zuckerberg, the founder and CEO of Facebook, is known for his bold moves. He has fired over 11,000 employees in the past four years alone.
In an interview with Time Magazine, he explained that he makes sure to hire people who are passionate about building something new and unique. “If you have an idea that’s really great and you don’t know if it will work or not, then you should just try it.”
Mark Zuckerberg, CEO of Meta, is a computer programmer and entrepreneur who founded Facebook while still in college. He is currently worth $63.8 billion and has been named one of the world’s richest people by Forbes magazine.
In 2008, Zuckerberg was ranked #73 on Forbes’ list of billionaires. In 2012, he was named one of 100 Most Influential People in the World by BBC Newsnight.
Zuckerberg was born Mark Elliot Zuckerberg on May 14th 1984 in White Plains, New York USA to a Jewish family. He was raised in Dobbs Ferry, New York and attended public schools there before attending Harvard University where he graduated with an undergraduate degree in 2004. He went on to earn his master’s degree from Harvard University’s School for Engineering and Applied Sciences in 2006 before founding Facebook with fellow students Eduardo Saverin (co-founder) and Dustin Moskovitz (co-founder).
Mark Zuckerberg is the CEO and co-founder of the social media website Facebook. He was born on May 14, 1984 in White Plains, New York. He received his Bachelor’s degree in computer science and electrical engineering at Harvard University in 2004. His father, Dr. Edward Zuckerberg, is a professor at Harvard Medical School who specializes in hemophilia research. His mother, Randi Zuckerberg, is an author and lives in San Francisco where she runs her own advertising consulting company.