Meta has said that reports about Mark Zuckerberg stepping down as CEO next year were false.
As per media reports, Meta's Communication Director Andy Stone refuted the reports in a tweet.
Meta recently fired more than 11,000 employees with the company saying that it was taking steps towards cutting costs after recording a rise in overall costs of the company in the past quarter.
Zuckerberg said during the announcement that he was taking accountability for the decisions.