Mark Zuckerberg has a theory for why tech layoffs aren't slowing down: Companies are realizing that, while painful, there are benefits to being 'leaner.'In an interview with Morning Brew Daily's podcast published Friday, the Meta CEO said companies are still adjusting to the post-pandemic era. He also discussed competition with Apple, among other topics in a wide-ranging interview.
Instagram is eliminating technical program managers and that role is also being cut back across other parts of Meta. Meta didn't respond to Business Insider's request for comment.Today, companies are still in the mode of thinking about efficiency, Zuckerberg said during the Morning Brew podcast. Many are considering restructuring the company, flattening out management levels, and transitioning to a leaner model.