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Meta freezes hiring for multiple products, CEO Zuckerberg says no lay-offs for the time being

Meta is pulling back its investments in a number of products, including teams that it created to compete against the likes of Zoom.

Meta freezes hiring for multiple products, CEO Zuckerberg says no lay offs for the time being

Meta is pulling back its investments in a number of products, including teams that it created to compete against the likes of Zoom.

Facebook Is Freezing Hiring Here s Why, and Who It Impacts

Insider got an exclusive look at internal memos that detail how Facebook is going to enforce its hiring freeze.

Facebook reportedly freezes hiring after missing revenue targets

In an internal memo, the company blamed the unpredictable market situation for putting pressure on Facebook’s business over the past few months.

Facebook to Stop Hiring New Employees - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Facebook, the Meta-owned social media platform, announced that it is pausing on hiring, according to an internal memo that was first seen by the Business Insider on Wednesday. According to Business Insider, CFO David Wehner said that this implementation is part of the company’s “reprioritisation” as it tackles challenges that caused it to miss revenue […]

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