Mark Zuckerberg has been really into efficiency lately. One only hopes it isn’t a passing fad.
The chief executive of Facebook-parent Meta Platforms announced the “Year of Efficiency” as his major theme for the company in its last earnings report three months ago. He has leaned in even more since, announcing plans last month to lay off 10,000 employees on top of the 11,000 job cuts announced late last year. The net result will reduce Meta’s head count by nearly a quarter—a far more aggressive reduction than those announced by other big tech companies that overhired during the pandemic.
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