Meta Mark Zuckerberg
Mark Zuckerberg says the economy and competitive pressure has hurt its growth. Investors say it was Zuck's own decisions that led to Tuesday's sweeping job cuts.
  • Meta laid off 10,000 staff on Wednesday, adding to its November job cuts.
  • CEO Mark Zuckerberg said it was economic changes that led to over 21,000 in total being laid off.
  • Investors have long said that Zuckerberg's own decisions and mistakes led to this point.

Meta CEO Mark Zuckerberg sent a letter to staff announcing a second round of layoffs on Tuesday, just months after its last round of big job cuts.