Sharing updates on Meta’s “Year of Efficiency” with employees on Facebook recently, CEO Mark Zuckerberg says he expects “to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired.” That’s on top of 11,000 people let go late last year.
The employee layoffs at Meta are one of many occurring recently at technology companies.
Asked for comment on the restructuring by NTD News, Genesis10 CEO Harley Lippman said that Meta is not getting the balance correct. “It’s feast to famine. They’re going from one extreme (hiring) to another (firing). That’s not just Meta. It’s happening in a lot of companies.”
During the interview, Lippman also spoke to Zuckerberg’s thinking on such organizational principles as “leaner is better” and “flatter is faster.”
The “pros” of a flat organization is economics,” Lippman said. “The idea in theory is that there’s less bureaucracy and more efficiency. But the downside is that you can’t do it all. The layers of management are there for a reason.”
Lippman is on SIA’s 2023 North American Staffing Leaders list. He’s recognized as a Best CEO for Diversity and a Best CEO for Women. Genesis10 has received Best of Staffing Client and Best of Staffing Employee Awards.
Genesis10 is a certified Disability Owned Business Enterprise (DOBE).
Harley’s leadership extends beyond business. He serves on the boards of leading business, academic, and policy institutions. His appointments include the U.S. Agency for International Development’s Partnership for Peace Advisory Board, where he helps advance efforts to foster trust and cooperation between Israelis and Palestinians. He has also served, by presidential appointment and Senate confirmation, on the U.S. Commission for the Preservation of America’s Heritage Abroad under multiple administrations.
He sits on the boards or advisory councils of Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute, the Middle East Forum, and the American Israel Public Affairs Committee (AIPAC), where he serves on the Political Leadership Council and Executive Committee.
Previously, Harley served as public director of the New York Mercantile Exchange and held leadership positions with the American Jewish Congress and the America-Israel Friendship League.
A committed philanthropist, Harley is the sole financial supporter of an orphanage in Cambodia, where he has helped dozens of children access education and opportunity, including funding college tuition for many. He has also led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe, helping preserve the memory of those lost. His documentary, Safeguarding Memory, aired on PBS and received two awards for its impact and storytelling.
Harley continues to combine business leadership with civic responsibility, making lasting contributions to the fields of technology, education, diplomacy, and remembrance.