Mark Zuckerberg Says Meta Will Slow Hiring, Won’t Rule Out Future Layoffs

Meta Platforms Inc. Chief Executive Mark Zuckerberg told employees that he won’t rule out future layoffs and said he doesn’t expect the social-media company to hire as quickly as it did before the layoffs that began late last year.

Mr. Zuckerberg addressed employees in a virtual Q&A session on Thursday, a day after the company completed its latest round of layoffs. Mr. Zuckerberg told employees that approximately 4,000 employees, primarily in the company’s tech divisions, were affected by the latest cuts, according to a recording of the employee town hall. Since November, Facebook’s parent company has said it would lay off 21,000 employees, or nearly a quarter of its workforce.