Mark Zuckerberg can sack 11,000 workers but shareholders can’t dump him: it’s called ‘Management Entrenchment’
“I want to take accountability for these decisions and for how we got here,” tech billionaire Mark Zuckerberg told the 11,000 staff he sacked this week. But does he really? The retrenchment of about 13% of the workforce at Meta, owner of Facebook and …