Zuckerberg Urges Staff To Be "scrappier" Amid Layoffs

Zuckerberg wants less red tape.

Meta, a big technology company, has been cutting jobs for a while. The last round of layoffs started recently, which is the third one. They want to eliminate 10,000 jobs. Mark Zuckerberg, the CEO, talked to everyone in a meeting. He wants the company to be more stable. He also wants less bureaucracy. He wants the company to be "scrappier", according to the Washington Post.

It's hard to go through restructuring, layoffs, and changes. The goal isn't to go back to the exact same place. The CEO wanted to become more scrappy. The recording was accessed by the outlet.

Zuckerberg spoke to the workers. He said he wants to create a better tech company. It should make things faster. Another goal is to make more money. This is so the company can keep investing in its long-term vision. He thinks it will be a hard time.

According to the news, the big tech company isn't planning to lay off more people. But Mr. Zuckerberg says things can change quickly. The company wants to grow more slowly from now on. This might mean fewer layoffs if they give up a project for a new one. He thinks that with less workers, Meta can work better and be more efficient.

The boss said they need to be more resourceful and work smarter. Too many people on a project can be a problem, so they will try to limit that. The boss hears a lot of complaints about it.

The company wants to improve its money situation for the future, so they're making 2023 a big year for getting things done efficiently. They're getting rid of some projects that aren't as important and hiring less people. A news company called Reuters said that Meta has been having trouble because businesses aren't spending as much on ads since things cost more and interest rates are going up because of the pandemic.