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Published 2 years ago

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

Summary by Ground News
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. Zuckerberg also hinted at Meta executing some layoffs. Zuckerberg has previously recognized the focus the company now has on the metaverse will make it lose money for the foreseeable future.

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Bitcoin.comBitcoin.com

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 by slowing down its hiring processes.

2 years ago
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TechcraticTechcratic

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

Sergio Goschenko 2022-07-05 18:30:15 news.bitcoin.com Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta…

2 years ago
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us.comus.com

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

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 […]

2 years ago
Read Full Article
CryptoZoneCryptoZone

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

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 […]

2 years ago
Read Full Article
DropTownDropTown

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

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

2 years ago
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BitfinsiderBitfinsider

After a metaverse pivot, Meta will slow hiring in 2022 and possibly layoff employees

The social media and technology business Meta, which switched its focus to metaverse technology, has launched a number of initiatives to support it in the event

2 years ago
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