Mark Zuckerberg tells Meta employees that the company is freezing hiring

  • 📰 verge
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Some teams are shrinking to “shift energy” elsewhere.

, the comments made during an internal all-hands call show how Meta is responding to a decline in its revenue brought on by the slowing global economy and Apple’s ad tracking changes. Meta’s stock price has fallen by more than half this year.

In May, Zuckerberg announced a hiring freeze affecting certain segments of Meta and said he couldn’t make promises about possible layoffs, but by the end of June, his tone had changed., he said, “Realistically, there are probably a bunch of people at the company who shouldn’t be here... And part of my hope by raising expectations and having more aggressive goals, and just kind of turning up the heat a little bit, is that I think some of you might just say that this place isn’t for you.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can’t wait for the day this company collapses. Will be a day to celebrate.

Cause no one wants to work for Meta?

Faceshit is the worst thing to ever happen to the internet.

Burn

I thought they'd already done that a while back

They’re now off meta

Meta needs to die

Meta fell off lmao

I hope this is not foreshadowing even more difficult economic times in America.

Good thing they don’t care they’re already hired

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines