Tech Companies Job Cuts: Zuckerberg’s Insight

Tech sector job cuts in 2024 are causing pain for workers, but Facebook CEO Mark Zuckerberg sees the potential for companies to become leaner and more efficient. The pandemic-era overhiring and the rise of automation contribute to the layoffs, but Zuckerberg believes a smaller workforce can enhance a company's effectiveness. While job cuts may disrupt the market in the short term, they offer opportunities for tech companies to recalibrate and focus on long-term sustainability and efficiency.