Mark Zuckerberg fired 11,000 Facebook//Meta employees on Wednesday morning. Twitter CEO Elon Musk was heavily criticized for laying off half that many employees last week.
According to the liberal news media, Meta’s massive layoffs are different because Zuckerberg apologized.
Zuckerberg reportedly said the layoffs were a “last resort” after he invested billions into a failed technology. “I got this wrong, and I take responsibility for that,” he said.
The mass layoffs at Facebook come a week after Elon Musk fired 3,700 employees after taking over as owner of Twitter.com.
Business Insider claims Musk fired his staffers without saying he was sorry.
Elon Musk offered severance packages to his ex-Twitter employees which includes salary and benefits until January or February 2023.
Zuckerberg reportedly told employees that he invested too much money in the technology during the pandemic, which he believed would last a lot longer.
Meta, the parent company to Facebook and Instagram, was heavily hyped as an alternate universe that mixed human interaction with virtual and augmented realities. The technology was supposed to seamlessly stitch users into a video or photo or computer programs that come to life.
But there were problems and complaints from the start. Women complained about being “virtually raped” by anonymous males. Other users criticized the avatars which had no legs.
The latter problem was fixed in the new Quest Pro VR headsets which come with a starting price of $1,499 USD.
Zuckerberg spent over $15 billion to bring his Metaverse to life. But he lost $10.2 billion in 2021 and nearly $6 billion in 2022 as users abandoned the technology.