Mark Zuckerberg dismisses 11,000 of Meta's employees over a video call . Zuckerberg said it was one of the hardest calls Ive had to make in the company's 18 years of operation .
New Delhi, Jan. 1, 2018: Meta CEO Mark Zuckerberg debuted himself as a leader and offered words of appreciation to the company's employees yesterday when he dismissed 11,000 of them over a video call.According to a video stream leaked by Facebook, nearly 13% of the company's parent company Meta lost their jobs yesterday.I want to say, upfront, that I assume full responsibility, said Zuckerberg.The layoffs are designed to lower costs following disappointing results and a decrease in revenues.Meta, which also owns Instagram and WhatsApp, will also extend its promotion freeze through the first quarter.
I am the founder and CEO of our company, and I am responsible for its sustainability and growth, as well as for determining how we approach decisions like this.This was ultimately my call.Zuckerberg said that it was one of the hardest calls I've had to make in the company's 18 years of operation.On the people being laid off, Zuckerberg said, We are losing people who put their heart and soul into it.Each of you has contributed to the success it has achieved (Facebook) as a result of the event.#Zuckerberg: "I want to say, upfront, that I take full responsibility."
— Cory Provost (@coryprovost) November 9, 2022
Then fires 11,000 employees instead of himself. #Meta pic.twitter.com/7XWxUQaKno