Challenging Time for Mark Zuckerberg and Meta

From CNN’s Reliable Sources:

“A challenging period.”

That’s how Mark Zuckerberg described in a memo what the near future will be like for Meta employees after he announced the once-impervious social media company will cut another 10,000 jobs in the months ahead.

Zuckerberg, who has been conducting a review of the business as he aims to execute on his so-called “year of efficiency,” outlined key changes that will be implemented across the organization. Most importantly, from a structural standpoint, Zuckerberg said he wants to flatten the company “by removing multiple layers of management.”