Zuckerberg grilled at staff meeting after Meta firing announcement

Meta CEO Mark Zuckerberg was questioned by staff at a town hall meeting on Thursday, following Facebook’s parent company’s announcement that it would be laying off another 10,000 workers.

Staff reportedly asked Zuckerberg how he could be expected to trust company management after the surprise second round of layoffs, according to The Washington Post.

“I guess the way people would assess whether you trust me and want to work at this company is whether we’re successful in making progress toward the overall stated goals,” Zuckerberg said, according to the Post, while acknowledging that “it’s a good question.

Zuckerberg announced on Tuesday that Meta would cut 10,000 jobs and close 5,000 open positions, citing a “challenging economic environment” amid high interest rates and geopolitical instability.

“At this point, I think we have to prepare for the possibility that this new economic reality will continue for many years to come,” Zuckerberg said. “Higher interest rates lead to a leaner economy, greater geopolitical instability leads to more volatility, and increased regulation leads to slower growth and higher innovation costs.”

The additional round of layoffs comes after Meta’s CEO previously told employees in November that the massive cuts were made to “minimize the risk of having to make broad layoffs like this in the future. predictable,” the Post reported.

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