Meta Spokesperson Denies Report of CEO Mark Zuckerberg Resigning in 2023
A report on Tuesday citing an unnamed insider source had stated that Mark Zuckerberg would step down next year.
Brought to you by Trickyenough
Meta spokesperson Andy Stone said in a tweet on Tuesday that a report on Chief Executive Officer Mark Zuckerberg stepping down next year was false.
Brought to you by Trickyenough
A report on Tuesday stated that Zuckerberg would resign as the company's CEO next year, and came weeks after the company announced it would lay off over 11,000 employees, or nearly 13 percent of its workforce.
Brought to you by Trickyenough
The Facebook parent firm has doubled down on its risky metaverse bet, under Zuckerberg's leadership, amid a crumbling advertising market and decades-high inflation.
Brought to you by Trickyenough
News website The Leak earlier in the day reported that Zuckerberg was set to resign in 2023, citing an unnamed insider source.
Brought to you by Trickyenough
The report briefly sent the company's shares up 1 percent. Meta spokesperson Andy Stone responded on Twitter, stating "this is false." in response to a tweet with the story.
Brought to you by Trickyenough
Earlier this month, Meta announced it would cut more than 11,000 jobs, or 13 percent of its workforce in what could be one of the biggest mass layoffs this year, and the first in the company's 18-year history.