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The current layoffs are common occurrences

Meta Corporation is facing low employee morale after mass layoffs. In the survey before the final layoffs, only 26% of employees expressed confidence in the company's leadership.

Zuckerberg aims to use AI innovations to boost employee sentiment and company performance. These innovations include tools such as messaging, photo transformations, conversational AI agents, and internal productivity assistants.
Northwest · M
Mark Zuckerberg is giving credit where credit is due. The Meta CEO believes that Elon Musk, by firing hordes of middle managers at Twitter after his $44 billion takeover last October, kicked off a trend that’s been “good for the industry.”

After assuming control, Musk laid off thousands of employees, reducing headcount from about 7,500 to less than 2,000 by February of this year, according to TechCrunch.

Zuckerberg delivered the comments on the Lex Fridman Podcast on Thursday. The way he sees it—and laid-off Twitter employees would surely beg to differ—Musk was right in trying to make the company “more technical” and decrease the distance between engineers and himself, with “fewer layers of management.”

“His actions led me and I think a lot of other folks in the industry to think about, ‘Hey, are we kind of doing this as much as we should?’” he said. “Could we make our companies better by pushing on some of the same principles?…My sense is that there were a lot of other people who thought that those were good changes, but who may have been a little shy about doing them.”

It was something Musk “was quite ahead of a bunch of the other companies on,” he added.

Meta, which owns Facebook and Instagram, announced in March that it would lay off 10,000 employees—adding to the 11,000 job cuts it started last November—and would also freeze hiring on 5,000 more positions. In a blog post, Zuckerberg said he would “make our organization flatter by removing multiple layers of management,” part of a “year of efficiency.”

While Meta employees have described “shattered” morale, Wall Street has responded positively, with Meta shares up about 112% year to date.
Ynotisay · M
So he wants people to get behind the thing that may end up costing them their livelihood. Perfect.
@Ynotisay Yeah...he wants them to feel good about it.

Like the cows in [i]The Restaurant at The End of The Universe[/i]...
Capitalism repeatedly creates these mass lay offs. It even crashes globally every few years. The first fired and last hired people are traumatized repeatedly by the cycles, while large firms become too big to fail through the process.
We can make these common occurrences impossible.
Z is an ass and Meta is the ass's pipedream and attempt to rebrand his nonsense.
NewRaven · 51-55, F
Sounds awful. Not sure that would help morale.
BackyardShaman · 61-69, M
Is this an AI generated account?
Strictmichael75 · 61-69, M
A road to failure
FreestyleArt · 31-35, M
Bye Bye Zucker!!!!!!

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