Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot – News Bitcoin News

Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg had warned about the metaverse pivot of the company and how it could make it lose money in the near future.

, Mark Zuckerberg, founder and CEO of the organization, stated that the current economic situation would change the hiring plans of the company for this year.Zuckerberg stated that Meta will now only hire between 6,000 and 7,000 engineers this year, lowered from the estimated 10,000 planned before. This means that the company will effectively reduce hiring between 30% to 40%.

If you were a hotshot software developer, why on earth would you want a job with Facebook, WhatsApp or Instagram, or some soon-to-be cancelled Meta project? Working on the big three apps is just boring software maintenance work.

That's not a surprise. They turned down a huge part of their users because of politics which led to big financial cut

CEEK ❤️❤️❤️

CEEK

elon musk must buy meta tooo....

No engineers want to work for meta 😂

mevr mevrtoken metaverse

That's not a surprise. They turned down a huge part of their users because of politics which led to big financial cut

mevrtoken MetaverseVR CZ Binance uçuşa Hazır 🙂

so hire me again Mark my dear friend

I want to be hired too. Mark hire me In Jesus name

I'm not going to get in trouble for this?

Thank you, Zuc 🤭

Yea, better do. I didn't experience and embrace most of the well known MMORPG games to end up clicking at a 'browser' game. Mark is the fan boy who loves P2W and buys every cosmetics he changed the company name meta in a blink😂 He is a fan boy ice mage 😂

They've been zuckerberged!

And yet, if someone involved in bizdev or marketing over in the meta compound would deign to respond to me, they could expand their revenue stream significantly and not have a hiring freeze. $paw

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mobile News, Weather, Sports, Breaking News | WPMIWPMI NBC 15 provides local news, weather forecasts, notices of events and items of interest in the community, sports and entertainment programming for Mobile and nearby towns and communities in the Mobile Bay area including, in Alabama: Mobile, Prichard, Saraland, Satsuma, Creola, Bay Minette, Spanish Fort, Daphne, Fairhope, Irvington, Theodore, Tillmans Corner, Semmes, Loxley, Robertsdale, Chunchula, Grand Bay, Bayou La Batre, Point Clear, Foley, Elberta, Lillian, Orange Beach, Gulf Shores, Atmore, Brewton, McIntosh, Thomasville, Citronelle, Chickasaw, Dauphin Island, Mount Vernon, and Summerdale; in Florida: Perdido Key, Pensacola, Ft Walton Beach, Cantonment, Pace, Brent, Gulf Breeze, and Milton; and in Mississippi: Pascagoula, Moss Point, Gautier, Ocean Springs, and Biloxi. They went to catholic church and then they partied. That's alright. Did they party with the jews?
Source: mynbc15 - 🏆 262. / 63 Read more »

Meta sues a site cloner who allegedly scraped over 350,000 Instagram profiles | EngadgetMeta sues a site cloner who allegedly scraped over 350,000 Instagram profiles
Source: engadget - 🏆 276. / 63 Read more »

Meta Made Millions in Ads From Networks of Fake AccountsMargarita Franklin, head of security communications at Meta, confirmed to WIRED that the company does not return the ad money if a network is taken down. Great business model: take the money and don't let them run.
Source: WIRED - 🏆 555. / 51 Read more »

Meta has decided to put an end to the misery of its Novi cryptocurrency digital walletThe company will end the service for good on September 1st, 2022
Source: PhoneArena - 🏆 322. / 59 Read more »

Meta signals closure of Novi wallet after a 10-month pilotMeta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Why Facebook parent Meta is still a 'top recession stock' despite stark warnings from executivesMeta Platforms Inc. executives reportedly have warned of various pressures on their business, but the Facebook parent company still looks relatively well... Yes, lets invest in the company that helped destroy the country.
Source: MarketWatch - 🏆 3. / 97 Read more »