Layoffs are bad for business

Layoffs are bad for business

a year ago
Anonymous $Gb26S9Emwz

https://www.vox.com/technology/2023/3/16/23642978/facebook-meta-layoffs-bad

But layoffs that last months are worse, as Mark Zuckerberg may soon find out.

When Meta, formerly Facebook, laid off 11,000 workers in November, it was in the shadow of Elon Musk’s brutal and chaotic firing spree at Twitter. By comparison, the way Meta CEO Mark Zuckerberg conducted layoffs — saying he took responsibility for growing the company too fast, showing what other cuts the company made first, and offering generous severance — seemed humane.