- Mark Zuckerberg told investors on Wednesday that 2023 will be the "year of efficiency."
- Meta laid off over 11,000 employees last year, and there are signs more layoffs could be coming.
- Meta's latest earnings report beat expectations, sending the stock up more than 18% in extended trading.
Mark Zuckerberg had a slightly ominous message for employees in Meta's latest earnings release on Wednesday.
"Our management theme for 2023 is the 'year of efficiency,' and we're focused on becoming a stronger and more nimble organization," the Meta CEO said in the company's fourth quarter earnings release.