Learn more

Mark Zuckerberg,CEO of Meta Platforms Inc (NASDAQ: META), shed light on the ongoing trend of layoffs within the tech industry, attributing it to a shift towards more efficient operational models. In an episode of “The Morning Brew” on Friday, Zuckerberg highlighted that the initial wave of layoffs was a correction to the rapid expansion seen during the pandemic. Still, the trend has continued as companies recognize the benefits of leaner structures, he said. This shift towards efficiency has led to significant changes within companies, including Meta, which has seen its stock reach an all-time…

cuu