Meta Is Implementing A Hiring FreezeWhat Does This Signal About Big Tech?

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

Kimberly Wilson
Author: Kimberly Wilson

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