Meta employee moral down after layoffs, absentee bosses, NY Times reports

Meta’s CEO Mark Zuckerberg declared 2023 will be the "year of efficiency" at his company, which, so far, means mass layoffs, Sheera Frenkel and Mike Isaac of The New York Times reports. Zuckerberg has conducted two rounds of cuts over the past six months, eliminating 30% of the company’s work force. At the same time, some of the company’s top executives have moved away and are now managing large parts of the company in places like London and Tel Aviv. The layoffs combined and the absentee leadership combined with concerns Zuckerberg is making a bad bet on the future have devastated employee morale at Meta, nine current and former employees told the Times. Reference Link