Zuck F8
Meta CEO Mark Zuckerberg has said 2023 will be the "year of efficiency."
  • Mark Zuckerberg says this will be the "year of efficiency" at Meta, signaling more cuts ahead.
  • His comments reflect a new reality for tech: The era of deep pockets and endless perks is over.
  • The challenge will be cutting back on spending without sacrificing future innovation.

Once upon a time, there was a small search startup named Google. It was up against powerhouses like Yahoo and Microsoft in the fast-growing market to help people find exactly what they were looking for.