Mark Zuckerberg weighs in on why tech companies are laying off workers ...Middle East

Zuma Global President Heather Zumarraga reacts to a recent report revealing that tech companies have cut 32,500 jobs in 2024 on ‘The Big Money Show.’  Meta CEO Mark Zuckerberg said the layoffs that are hitting the tech industry aren’t due to the growth of artificial intelligence.  It started as the result of companies trying to navigate the e-commerce boom during the COVID-19 pandemic. Now, they’re realizing they can be more efficient as a leaner organization, Zuckerberg said during a conversation on the Morning Brew Daily podcast.  Specifically for Meta, Zuckerberg said, “The AI stuff was not a major driver of that.”  LAYOFFS SURGED 136% IN JANUARY TO SECOND-HIGHES

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