Meta CEO Zuckerberg told hundreds of executives on Tuesday that the company will begin layoffs on Wednesday morning. Zuckerberg blamed himself, saying he was responsible for the company's mistakes and overstaffing. According to previous reports, people familiar with the matter revealed that Meta plans to begin large-scale layoffs this week. The layoffs are expected to affect thousands of employees, and company managers have notified employees to cancel non-essential travel starting this week. Meta reported that as of the end of September, it had more than 87,000 employees. This will be the first large-scale layoffs at Meta since its founding. (The Wall Street Journal)
