Meta Founder and CEO Mark Zuckerberg now want 2023 to be the “year of efficiency” after laying off 11,000 employees.

“I just think we’ve entered somewhat of a phase change for the company,” Zuckerberg said on his quarterly earnings call with analysts late Wednesday.

He said that global headcount steadily climbed for nearly two decades, making it “very hard to crank on efficiency while you’re growing that quickly”.

After the layoffs, Zuckerberg said he is focused on “increasing the efficiency of how we make decisions”, IANS reported from San Francisco.

Meanwhile, Zuckerberg has reportedly put the company’s middle managers on notice.

According to The Verge’s Alex Heath’s newsletter Command Line, Zuckerberg warned managers at a recent all-hands meeting.

“I don’t think you want a management structure that’s just managers managing managers, managing managers, managing managers, managing managers, managing the people who do the work,” the Meta CEO allegedly told them.