the past few times, A halfthe company of Mark Zuckerberg first known as facebook, faced issues from several leaks. In fact, we’re talking about a company that has seen the value of its stock plummet to a peak in the past year, between TikTok continues to increase its success, ed Apple which has placed major restrictions on advertising, causing the giant’s profits to plummet.
The situation related to COVID has led to multiple investments that in all cases have not been sufficiently repaid. Speaking of exactly the latter, Meta has simply decided to cut, blocking any hiring for many new departments including for example Facebook Dating and the platform of Messenger for children. Happy at the moment, as Mark Zuckerberg himself was able to confirm and as reported by the pages of The edgethere is no question of layoffs, but simply a stop for hiring staff.
Indeed, the teams in question have been informed that – at least for the time being – they will not be able to hire further engineers and will therefore have to continue developing the next products to be released to the market, including updates and new ones. platforms, only with their own strengths and therefore cannot count on extra external staff.
In any case, this should last until the company recovers. It is clear that this is the employee panic who saw their jobs on the line, given the needs of the company and the losses, but fortunately, as mentioned, the CEO wanted to emphasize that no layoffs of any kind are expected, hoping, of course, that the situation will not deteriorate negatively in the coming weeks.
Source: Lega Nerd
