this post was submitted on 17 Feb 2024
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57
Mark Zuckerberg explains why so many tech companies are doing layoffs right now (www.businessinsider.com)
submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[–] flathead@lemm.ee 70 points 10 months ago (1 children)

“It was obviously really tough, we parted with a lot of talented people we cared about" - Mark Zuckerberg

"Mark Zuckerberg made more than $28 billion this morning after Meta stock makes record surge" https://www.cnn.com/2024/02/02/business/meta-stock-surge-mark-zuckerberg/index.html

[–] rambaroo@lemmy.world 2 points 10 months ago

This asshole is such a sociopath. He just did an all hands last year where he straight up told his employees that some of them don't belong there, and then they did the layoffs. He doesn't give a fuck about anyone but himself.