Zuckerberg admits responsibility for massive layoffs set to begin on Wednesday ...Middle East

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WASHINGTON: Mark Zuckerberg, chief executive of Meta, has taken responsibility for the upcoming massive layoffs that are set to take effect on Wednesday, Sputnik quoted the Wall Street Journal report.Thousands of Meta employees are expected to be laid off in the largest jobs cut in the tech sector year-to-date and the first in the company’s 18-year history, the report said on Tuesday.Zuckerberg announced the upcoming jobs cut at a meeting with company executives earlier on Tuesday and admitted that the company has become overstaffed as a result of his “over-optimism”, the report said.The laid off employees will get at a minimum a four month severance, the report cited Meta’s human resources

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