Meta's communications officer, Andy Stone, denied on Tuesday (22/11) a report that CEO, Mark Zuckerberg will resign from his position next year.
Earlier, The Leak had reported that Zuckerberg was preparing to step down in 2023, citing an anonymous source. The publication momentarily drove the stock 1% higher.
The rumors come as Facebook is laying off thousands of its employees as it tries to improve its dire financial situation.
In particular, Facebook founder and CEO Mark Zuckerberg made one of the largest mass layoffs of employees on Wednesday (9/11), announcing the firing of a total of 11,000 employees.
"Today I'm announcing some of the most difficult changes in Meta's history. I have decided to reduce the size of our team by 13% and lay off more than 11,000 of our talented employees," Zuckerberg said in his letter to Facebook employees.
It should be noted that Meta at the end of September had around 87,000 employees. "This is a sad moment and there is no other way. To those who are being laid off, I want to thank you for everything you have done for this company," Zuckerberg added in his letter.
Source: Proto Thema
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