
Mark Zuckerberg is giving credit where credit is due. The Meta CEO believes that Elon Musk, by firing hordes of middle managers at Twitter after his $44 billion takeover last October, kicked off a trend that’s been “good for the industry.”
After assuming control, Musk laid off thousands of employees, reducing headcount from about 7,500 to less than 2,000 by February of this year, according to TechCrunch.