By Jasmine Browley· Updated October 6, 2022
Companies around the world are bracing themselves for a looming recession and have subsequently taken steps to cut costs. It looks like Meta is no exception.
Employees of the Facebook parent company announced late last month it would implement a hiring freeze and “restructuring”, according to a Bloomberg News report.
Chief executive Mark Zuckerberg shared via a company memo that the uncertain macroeconomic environment was the cause