Facebook going BANKRUPT? Mark Zuckerberg says Workers will be Forced to “Sit and Share Desks” to Cut Cost!

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Facebook going BANKRUPT? Mark Zuckerberg says Workers will be Forced to “Sit and Share Desks” to Cut Cost!

By Investment Watch Blog

  • Some Meta employees will share desks as the company cuts costs amid layoffs, Mark Zuckerberg said.
  • Zuckerberg said he viewed layoffs as a last resort and tried to cut costs in other areas beforehand.
  • Meta announced it was laying off more than 11,000 employees, around 13% of its headcount.

Mark Zuckerberg on Wednesday said that some Meta employees will share desks as a cost-cutting measure while the company reduces its office space.

The Meta CEO announced the plans in a memo sent to employees regarding layoffs across the company. Meta, formerly known as Facebook, plans to cut more than 11,000 employees — around 13% of its workforce.

“I view layoffs as a last resort, so we decided to rein in other sources of cost before letting teammates go,” Zuckerberg wrote in the memo.

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

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