Meta CEO Mark Zuckerberg and his wife Priscilla Chan’s philanthropic arm laid off dozens of employees Wednesday in an ostensible restructuring.
The Chan Zuckerberg Initiative (CZI), which was founded and is led by the couple, laid off 48 employees, a spokesperson told Business Insider. CZI sent hundreds of millions of dollars, dubbed “Zuckbucks,” to an organization called the Center for Tech and Civic Life (CTCL), which used the funds to help administer elections in 2020 in largely Democratic districts in multiple states, which critics argued was an attempt to boost turnout.
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