meta_pixel
Tapesearch Logo
Log in
Slate News

What Next TBD: What's Going on at Meta?

Slate News

Slate Podcasts

News, News Commentary, Politics

4.66K Ratings

🗓️ 7 May 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Meta’s reached a sort of mid-life crisis. Between the layoffs, the stagnant metaverse and Facebook’s dwindling profile, does Zuckerberg have a plan here? Guests: Naomi Nix, Washington Post reporter If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Back in March, Mark Zuckerberg held a meeting with his employees.

0:08.4

He was an hour-long town hall, a chance for people at Metta to ask questions of their

0:13.2

boss.

0:14.2

So, I think it's important to remember the context here.

0:20.1

That's Naomi Nick's who covers social media for The Washington Post.

0:23.8

Mark Zuckerberg had just announced that the company would be doing another round of layoffs

0:29.8

slashing up to 10,000 jobs, and that was just a few months after they had already slashed

0:36.6

11,000 workers.

0:38.8

So employees were understandably anxious, and so was Zuckerberg, according to Naomi's

0:44.2

reporting.

0:45.2

He's getting a lot of questions from employees that are essentially asking him, how can

0:52.2

we trust you?

0:53.2

How can we trust your leadership after multiple rounds of layoffs?

0:58.1

And Mark had a kind of answer, he essentially said, look, that's a fair question.

1:04.1

I completely understand why you're asking that question.

1:07.1

Ultimately, I think the plan that the company has in place to become more efficient and

1:14.4

eventually more successful as a business will make this a better place to work.

1:24.2

What does it tell you about him, or maybe I guess the moment that the company is in,

1:31.6

that he said, yeah, that's a fair question.

1:34.6

It was a pretty remarkable moment, and I talked to employees after that, and they talked

1:41.3

about how they, it feels like a different company than the one that they had joined.

1:47.3

According to Naomi's sources, Zuckerberg didn't sound like the confident version of himself,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.