Meta-CEO Mark Zuckerberg: Mass layoffs in the IT industry. The IT industry is experiencing a period of adjustment, heavily influenced by the pandemic.
Zuckerberg identifies two main phases of layoffs: the first was concerned with reducing pandemic-related overstaffing, while the second was aimed at making company processes sustainable. These strategic decisions, as tough as they may be, help make companies more effective and agile. Interestingly, the waves of layoffs and the associated increase in efficiency have led to positive reactions on the stock market.