Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023.
Mark Zuckerberg is so pleased with his "year of efficiency" that he's extending it indefinitely.
On Thursday's earnings call, after Meta reported fourth-quarter financials that sailed past analysts' estimates, Zuckerberg said he wants to "keep things lean" and has no plans to accelerate hiring.
At the time, Meta was facing a tough digital ad market and the lingering effects of Apple's 2021 iOS update.
On Thursday, Meta reported fourth-quarter sales growth of 25%, the fastest rate of expansion since mid-2021, to $40.1 billion.
Persons:
Mark Zuckerberg, Zuckerberg, Meta
Organizations:
Meta, Nvidia
Locations:
Menlo Park , California