Meta denies reports of Zuckerberg resignation next yr amid massive layoffs

Meta (formerly Facebook) has denied reports that its founder and CEO Mark Zuckerberg is resigning next year amid slow growth and massive layoffs at the social network.

The Leak portal first reported, citing its source privy to plans at Meta, that “Zuckerberg is set to resign next year”.

The report claimed that Zuckerberg has decided to step down himself and it will not “affect metaverse”, his multi-billion dollar project.

Andy Stone, Meta’s Communications Director, refuted the report late on Tuesday, tweeting that “This is false”.

Despite serious concerns raised by investors and industry experts, Zuckerberg is determined to aggressively push his Metaverse dream.