Last week Meta Platform Inc META chairman Mark Zuckerberg announced 11,000 job cuts, 13% of the total workforce. Following the reveal, Zuckerberg said he was responsible for missteps at the social media giant as the company announced the mass layoffs.

Meta’s release came just days later Twitter chairman Elon Musk announced thousands of job cuts just a week after its acquisition.

According to a recent insider report, Zuckerberg said he handled the layoff situation in his organization better than Musk. At a company meeting on Friday, he said Musk needed more time to plan the layoffs as carefully as Meta and other companies were doing.

However, Zuckerberg acknowledged that even when companies are thoughtful about layoffs, there are no good answers.

Formerly in an official expressionZuckerberg described the layoffs as “the most difficult changes we’ve made in Meta’s history.”

“I want to take responsibility for those decisions and for how we got here,” Zuckerberg told his employees. “I know this is difficult for everyone and I am especially sorry for those affected.”

Also read: Elon Musk’s ex-girlfriend Grimes says Mark Zuckerberg is ‘wildly underqualified’ to run Metaverse

A week earlier, Twitter laid off nearly 3,700 employees in departments across the company, including more than 983 employees in California.

Twitter’s layoffs were announced in emails and came without an apology from the new owner.

However, Musk took to Twitter to justify his move, saying there was no choice when the company was losing millions of dollars a day. He also said that anyone who dropped out was offered fair compensation.

Co-founder and former CEO of Twitter Jack Dorsey apologized for the massive layoffs and said he had let the company grow too fast. “I am responsible for why eEveryone is in this situation,” he said.

Twitter reported a net loss of $270 million for the second quarter ended June 30, 2022. compared to a profit of $66 million in the same period last year.

Photo: Courtesy of Eric Solheim